AEE 6.90% 15.5¢ aura energy limited

Vanadis IPO, page-165

  1. 416 Posts.
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    The Tiris resource was upgraded 6 months ago. However, the DFS is pushed forward to early next year.
    No news about the vanadium scoping study yet which means the IPO probably will be pushed forward as well.

    The share price has already been beaten and it has been at near 1 year low. I can't see the share price going any lower than this. I honestly think someone is trying to accumulate at this price. Unfortunately, the lack of news is not helping. Watch the volume at 2 cents.

    The fundamentals of uranium is strong. Vanadium is going up nicely but the sentiment is not very good at the moment towards small companies in general.
 
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