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.
Looks like we are targeting 70mlb, they are initially targeting...
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Last
15.5¢ |
Change
-0.010(6.06%) |
Mkt cap ! $138.0M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $282.4K | 1.820M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 112524 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 291306 | 2 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| AEE (ASX) Chart |