AEE 0.00% 15.0¢ aura energy limited

Ann: Aura Energy 2018 AGM Chairman's Address, page-22

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  1. 1,940 Posts.
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    Yes. That is the big positive. My belief was AEE was hoping to flog Haggan and ride the V wave to build a higher MC. This would make financing of Tiris easier and less dilutive.

    However, the ASX has clamped down on SS/PFS. This has caused delays and unbudgeted spending on moving the resource up from inferred.

    If there are any negative aspects in the SS such as the uranium issue being ignored or higher Opex or a bullish V price underpinning the NPV/IRR then AEE may see an SP retrace like those seen in other stocks with a recent SS/PFS: AVL, AVZ, CLA, KRC, NXE, TMT etc.

    I am willing to sit on the sidelines until Haggan is dealt with to my satisfaction.

    All imo.
 
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