don't believe we can rely on a japan restart kick starting our fortunes here. Fortunately we have enough money in the kick without raising before a production decision is likely to be made , this is hartleys view also see below from recent research report
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Hartleys Research - Perth
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AEK.asx
Recommendation: Speculative Buy
[/table] Maintain Speculative Buy We estimate AEK cash is ~$5m, hence AEK appears funded to the point of decision to mine. AEK is a viable project at current contracted uranium prices and spot prices. The long mine life (particularly if a resource at Sefaatli can be defined) retains significant leverage to medium and long term uranium prices even if near term production hedges are required. Consequently, AEK appears a very attractive uranium investment.
IMO DYOR
AEK Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
