AEE 3.33% 14.5¢ aura energy limited

Well, I don’t know if Peter is incompetent or not. I just found...

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    Well, I don’t know if Peter is incompetent or not. I just found inconsistencies between what has been said and done.

     

    Only four months ago, Peter said the uranium DFS is to be completed by 2018.

    https://www.youtube.com/watch?v=lVtk8g2fbro

     

    A few months later, in the annual report, he said he intentionally delayed the project. He could mention this delay four months ago. The DFS is now due in early 2019.


    ‘Despite the weakuranium price for most of 2018, Aura continued to advance the DefinitiveFeasibility Study (DFS) for the Tiris Uranium Project but tempered the pace ofthat study. With improvement in the price towards the end of the financialyear, the DFS is again at full pace’.


    Again, a few months ago, Peter said there will be some drilling in Haggan (interview above) and the feasibility study is to be completed by September 2018, and the IPO to be initiated in October 2018 and that we should get major pieces of news about the Haggan project by the end of the year. The latest announcement says, he needs to drill early next year.


    ‘Publication ofprojected financial information in the Häggån Scoping Study requires theupgrade of the current Häggån Inferred Resource estimate to the Measured &Indicated Category. Site drilling has been slower than anticipated and whilstsome drilling will be completed this year additional drilling will be requiredto achieve this Resource classification upgrade. This drilling will becompleted early in the new year’.                

     

    Anyway, have a great weekend. I think I'll need some drinks myself. 

 
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