1AE 3.75% 7.7¢ aurora energy metals limited

Ann: Uranium Resource Up 34% to 50.6Mlb, Maiden Measured Resource, page-31

  1. 6,867 Posts.
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    Strong fundamentals, no major drilling at the moment it seems as they are happy with magnitude of the resource but the lack of further drilling does take out alot of traders whom trade regular high impact events/announcements which some would say is good but in reality it is not good as it reduces liquidity.

    Scoping Study to be released soon you would think and if the overall picture looks good they would move into a PFS mode which is the reason imo of the investor presentation as this is expensive and astute companies look to raise funds when sentiment is very strong even if funds are not required right away. CR is in the works.
    Last edited by MajorJohnny: 22/01/24
 
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