AEE 4.00% 13.0¢ aura energy limited

Mauritania is a mining economy and will definitely want to take...

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    Mauritania is a mining economy and will definitely want to take advantage of the uranium boom. The metallurgy and plant design work can't be far from completion, then we just need to complete the water studies. The licence will come when the project is ready to go. Tasiast South is another issue all together. The tenement covers a very large area of prime exploration ground. I understand when we first secured the rights to the ground, there were other parties vying for it. To gain the exploitation permits would be a major achievement given our size and other assets under management. The artisanal miners and political restructuring hasn't helped the situation either. We just need to prove our ability to deliver and we'll be away. The Vanadis IPO might give us the necessary leg up to finance our Mauritanian aspirations.
 
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