Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Is that correct? From what I can gather S&P Dji oversee the ASX indices and AEE has been upgraded to the ASX 300 along with many other ASX listed uranium juniors.
Email update this morning suggested that AURA were now listed in one of the US exchanges. This might mean that some funds will buy a small stake in the company since we fall under the junior uranium mining umbrella.
While all the focus is currently on bringing Tiris online, let's not forget the scale of Haggan and the rapidly changing attitude towards Europe securing its own supply of battery metals & uranium.
https://www.mining.com/sweden-to-remove-uranium-ban/
First milestone hit and delivered within their advertised timescale, good start for the new Ceo, a credible feed study (which this is) can now be presented to possible financers and as previously highlighted our new Ceo has 14yrs experience at Macquarie Bank financing West African mining projects, watch out for more positive updates throughout the year such as signed offtake agreements for a mixture of fixed & spot priced uranium, expanded resource upgrade as drilling is currently underway funded by Lind underwriting the outstanding AEEO options, and also uranium export license which Aura have been working with Orano to acquire, the new Ceo also previously held roles at Orano.
Feed study looks very promising.
"Mauritania is open for business, and we look forward to working with the government and all our stakeholders to develop the Tiris Uranium Project."
That said this is still Africa and until yellow cake is being produced every week and the money is in the bank its a risky punt.
We'll be back to 9p at this rate, explorers and near term developers had higher sp's when Uranium was under $50/lb, same old story - should've taken my money and ran on previous spikes.
Boom? The news sounds great but how will the market react?
https://www.lse.co.uk/rns/swedish-government-inquiry-to-overturn-uranium-ban-fjs55hl1ineelsd.html
1. Swedish Gov is going to debate overturning the ban on Uranium mining.
2. A pause in trading on the ASX.
Exciting times ahead, might Sweden change it's mind? Hope so as the sp would multibag in a few days.
Ah yes, the dreaded African continent & Mauritania where two-bit operations like Kinross run rinky-dink little gold mines that produce 15 tonnes of gold a year & 12 million tonnes of iron ore make its way across the country on the world's longest train to a deep water port to be exported all over the world.
Https://www.zerohedge.com/commodities/worlds-largest-uranium-producer-warns-production-woes
Supply shortages will bump up prices and might accelerate development of our potential mine. But it is in Africa.... the dismal continent
Hope this new guy is a serious player and he can start to get Aura moving, 14 years experience at Macquarie Bank financing numerous West African development projects & previously worked for Orano funding several uranium projects.
Sticking to their timeline and releasing credible Tiris FEED study results during February would be a good start.
Funding secured....Good news, $5 million.
Are we on the brink of Uranium production?
All the permits in place?
What's going on with the change % reporting on this website? Shows (+15.79%) while everywhere else shows (0%) Seems to have been playing up since the new year.
Export license is one I believe but they seem to have all the other major ones in place already which is pretty positive. Not sure what the hold ups are for on the rest.
Which permits do Aura require? Their website for Tiris states "Permitting in place, Exploitation and Environmental permits in place, 30-year Mining Convention granted" What's missing? Uranium export license? Are exploitation license & mining license two different things?
Also "The Company has a productive relationship with the Government of Mauritania who hold a 15% stake in the project"
We need action in Africa....mining permits.
Share price is just froth until we are close to production annnnd still no news from Sweden.
Also this picking up on the problem/theme too...
https://x.com/MalcolmRaw99915/status/1746358769263480978?s=20
Another shady AIM Management selling FALSE dreams in Sweden?
https://x.com/rekurencja/status/1746269227349053882?s=46&t=LkUKVZHH-p2Ckt2MfrpYBA
Given Uranium price is now the highest its been since year 2007/8! AND many Uranium companies share prices are breaking up to all time highs, Aura's now got a LOT of catching up coming! ;)
All this messing around with the spread is BS, every time i look at the Bid it's stuck fast at 13p.
"A recent Enhanced Feasibility Study has increased the project NPV significantly which reconfirms Tiris as one of the lowest capex, lowest operating cost uranium projects that remain undeveloped in the world."
Lovely but where are the bidders, the joint venture offers etc? Share price not going anywhere at the mo.