Yep, not a lot of uranium companies are in this position.
A lot of uranium companies on the ASX are many many years away from production and signing offtake agreements.
In fact, many uranium companies will probably not even make it into production in this upcoming bull run.
Besides the companies with mines that are in C&M, Aura is next cab off the rank in terms of supplying uranium.
At $88M market cap, I think AEE is highly undervalued and 50c in achievable in the very near future (as a comparison, there's explorers that are nowhere near as advanced as AEE with $150M+ market caps)
AEE Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
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