AEE 3.85% 12.5¢ aura energy limited

Paid Broker Report - 3.2p/share = $72 million AUD, page-20

  1. 1,457 Posts.
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    Hi @Trade138

    Hope all is well with you mate.

    Things have not gone to plan yet and the doomsayers seem to be enjoying their days in the shadows.

    One thing that has troubled me with this investment (and it's not Peter's salary provided he delivers) is the mishandling, delays and obscure nature of the Haggan "asset".

    Ironically, it was what drew me to the stock and I know Preempt would probably strongly disagree, but has Haggan become an albatross around this company's neck?

    The plan of the IPO seems to have been delayed to the point of will it ever happen and the issue of uranium credits in the ground is unclear at best or a no go at worse.

    Is it time to sell this asset back to the Swedes outright at say, close to 20 million, and then use this cash to have funding in place for Tiris when the U bull hits?

    Haven't been following (comfortably holding) so apologies to readers if this has already been discussed.

    It's been quite the journey.

    Gltah
    Last edited by sapporo: 23/08/19
 
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