Looks like we are targeting 70mlb, they are initially targeting 800,000lb production but I suspect that will be a conservative start on the way to 2m+ per year for a mine life of 30 years ++.
Worth reading this announcement a few times as it is mapping out a bright future for AEE.
While most of the "popular" Uranium stocks are marginal at best at $65 spot and are 5-10 years away from production with 2-4x our market cap, we will be producing this cycle with low capex, high margins, and as highlighted today, plenty of resource and production upside.
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Last
15.8¢ |
Change
0.003(1.61%) |
Mkt cap ! $142.5M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $40.03K | 250.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 375949 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 368770 | 8 |
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| Last trade - 11.35am 24/06/2025 (20 minute delay) ? |
| AEE (ASX) Chart |