1AE 10.4% 5.3¢ aurora energy metals limited

With the share price at 7c the MC of 1AE is now $11M. Given its...

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    With the share price at 7c the MC of 1AE is now $11M. Given its interest in M4M is valued at ~ $4M incl 15% free carry, and it has $3M in cash then the inferred value of the uranium project is $4M. Hard to fathom how the share price has got this low when you have a uranium resource that is almost entirely measured and indicated and the largest single mineable deposit in the US. Im bewildered as to how this value is not being recognised in the current high uranium price environment. The trading in this stock does seem to be algorithmically driven. Would be interesting to see how quickly the share price would respond to concerted buying
 
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