The potential is indeed exciting. It is frustrating the market gives Lotus a 500M Mcap for Kayalekera (46M lbs) and Lethlekane (190M lbs) while Aura gets 110M Mcap for Tiris (90M + lbs) and Haggan (800M lbs + a ton of battery metals).
As indicated by others the perceived execution risk is high, as is probably the country risk.
I was surprised in the latest interview to hear Groves say financing plans include selling part of the project to Macquarie. That would lower the upside for Aura. But so does dilution.
I also hope they don't cash out and sell the whole thing to Orano
Ann: Sweden initiates inquiry to overturn uranium mining ban, page-150
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $103.3M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $53.56K | 415.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 150573 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 114953 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| AEE (ASX) Chart |