AEE 3.33% 14.5¢ aura energy limited

Uranium spot price, page-802

  1. 1,275 Posts.
    lightbulb Created with Sketch. 7
    Great article Trade138 and it puts a lot of perspective around what we have. Two comments;

    1. Data is not the most current - still shows our M&I as 2 million lbs, whereas it is in fact 17 million lbs.
    2. The grade information is correct, however with simple and cheap screening we deliver 2500ppm (0.25% grade material) to the leach plant.
    This is supposedly the "group average" for developers, but in actual fact puts us at #3 in terms of grade we will extract U308 from.

    It's clear also that there is prudent financial and cost management, despite the fact we often bitch about what execs get paid.

    There's no comparison of financial health other than "Financing Strategy", so since that is somewhat unknown it can't be measured.
 
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