AEE 3.23% 15.0¢ aura energy limited

Vanadis IPO, page-324

  1. 697 Posts.
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    Growler,
    In response to your recent post and some previous posts-

    as you probably know the flowsheet has to be customised for every company's orebodies and allowances made for non-conformities within the orebody. Just the hardness of the water used in the process can make a huge difference. There are also benefactions to the process that can improve efficiencies by 20% or more.These studies seem to take a long time-suspect that there's a large emperical element.

    The company has been involved with trial heap-leaching for many years,starting early in the days of its introduction with the Haggan orebody. They have published some academic papers.

    At this stage of the uranium price cycle (very early bull) it is wise to make haste slowly and get the process as refined as possible, so that we come on line when the bull starts stomping at the gate.

    AEE presents a unique opportunity for many reasons that other posters have mentioned..

    In the microcaps, DYL is the market darling,largely because of Sprott attentions and the ex Paladin's chief's presence on the board. Infact AEE is MUCH MORE ADVANCED is the reality!

    It's not if but when this will be reflected in the SP.
 
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