AEE 3.57% 13.5¢ aura energy limited

Playing with numbers - Haggan value short term

  1. 1,418 Posts.
    lightbulb Created with Sketch. 68
    The back of the envelope starts looking a bit interesting, and I've been doodling with a few numbers.
    Happy for any corrections and input, but this is where I landed:

    Let's just say; the latest drilling is going to move some of the inferred to M&I (why wouldn't you?).
    Definitely target that high grade zone - 90 million Mt at 0.42%.
    Pick a number......say it's 10% of that which is moved to M&I, circa 9 million Mt.

    That's 9,000,000,000 kg of ore with 4.2g of pure V2O5 per kg.
    There's 37,800,000 kg of V2O5
    Let's say Vanadium Pentoxide is $US 5/kg for arguments sake. I know it's been higher, but maybe it should be lower for the long term.

    That's a value of USD 189,000,000 divided by say 1.2 billion shares, give or take.

    I arrive at a value add of 15.75c per share.

    I can't help but feel like the next six months could be huge for all shareholders here.
 
watchlist Created with Sketch. Add AEE (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $100.1M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $46.37K 339.6K

Buyers (Bids)

No. Vol. Price($)
16 720633 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 433893 3
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
AEE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.