Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Step by step seems to be getting closer.
https://www.di.se/nyheter/liberalerna-vander-majoritet-nu-for-uranbrytning/
Motion for overturning 2018 uranium mining ban set for March 2023 apparently and current parliamentary majority bodes well for sentiment towards Haggan.
Next uranium leg looking like might be starting too.
Viken deposit literally skirts the western shore of Storsjon, if they were to get the go ahead there, makes the case for Haggen on a relative basis all the more clear imo, they only looking to explore a the mo but still - demonstration of MI current mindset is indicated to be delivered pre vote on the above mentioned motion.
"The Bergsstaten (Mining Inspectorate) is expected to reach a decision on the Company’s Viken nr 101 mineral license application by the end of February 2023"
https://mobile.twitter.com/Dave8513/status/1100532578682105857
https://mobile.twitter.com/Dave8513/status/1103605205575393280 (eu energy can now be read as district in this context).
Tiris near term updates/upgrades eagerly awaited, financing terms (reasonably to be expected within 12 months ish ?) will be a personal 'big tell' - remaining hopeful for now, dfs getting out dated now tho - inflation catches all, on a relative basis still very low cost and capitalisation still cheap. Re scaling, maybe, can negate most of inflationary pressure on opex?
Looking forward to finding out.
Haggan scoping study from 2019 (?from memory?) still not released - cant see any possible excuse now, most recent was 'Aura's market cap is too low' - re rating has been in place for well over a year now. Anyway, no brainer of a free ride currently and content to wait it out.
AIMO ATB
Drilling and assay results often produce a sp lift but we need a bid or a major investor to buy a stake in AURA. Once a big player invests and production permits all passed then I would expect the sp to fly away. Hence maybe another 18 months before things get really exciting?
Drilling results Due shortly
Nice RNS
I purchased another 20,000 shares via HL on the basis of the RNS.
I remain positive that Uranium will enjoy a bull run in 2023.
"has received notification that Macquarie Group Limited ("MQG") now holds 55,536,198 ordinary shares, representing 10.44. per cent. of the Company's issued share capital and voting rights."
Now why would MQG want to own 10% of this company......?
https://youtu.be/tpjtItuTVFo
Well some are promoting Uranium as a must own commodity but not sure Sweden or the EU listening.
RNS update and AGM details
Looks like a strong end to the year
Obtaining mining permits in Africa is often $low and politically risky so I would like to see that cleared ASAP.
Sweden might yet prove to be the game changer imo.
No News = Snoooooze!
Come on AURA any progress in Sweden?
Several key bits of news imminent including a deal signed off with the government and assay results in December.
https://www.euronews.com/2022/10/18/devastating-consequences-as-new-swedish-government-scraps-environment-ministry
Annnnd it's gone.....now how about some permits to mine Uranium?
Annnnnd it's gone! Now how about some permits to mine Uranium?
The ASX announcements provide more information on the outstanding options, there's still over 90m AEEO that can be converted at AUD 0.052 but maybe it's a good thing to see them regularly being converted and that number reduced rather than them hanging over us. If I recall correctly, these options weren't available to UK investors, which left a few disgruntled at the time.
Any confidence we might be blessed with an ops update anytime soon?
More new shares....
https://linksharing.samsungcloud.com/cyhyfJwa9v9F
If link does not play the message essentially is that China is buying and stockpiling Uranium on a large scale.
Maybe, we need positive news sooner than later. Timing makes a difference.
Announcement on Mauritanian additional resource, Mauritanian mine build confirmation, Sweden development, Mauritanian gold spin off, all due in the next few months,
Have I missed anything?
Reading back, the $0.052 options may have had an upfront payment of $0.015 each, so those figures may not be correct but still well in the money.
If I'm reading things right, In early 2021 Aura was in a bad way due to a combination of Peter Reeve's poor management and the Uranium sector being in the doldrums. At the time we were witnessing board room struggles, last resort borrowing from Lind and Reeve possibly breaking ASX rules to try and stay on as captain of the ship which resulted in Aura being briefly suspended from the ASX. New investors with deep pockets swooped in with a much needed cash injection in exchange for cheap shares and large numbers of options. In the Financial Report for the year ended 30 June 2022 there were 118,766,583 of the $0.052 options (AEEO) outstanding with an expiry date of 2024-06-30, since then 12,994,070 have been converted leaving 105,772,513 outstanding?
A$0.052, A$2,029,979.7 worth of shares for A$363,996.36 nice work if you can get it.
What was the option price Stan?
The new shares are options, they where going to be cashed at some point especially if Aura was on track (which it is).
More dilution but some of the new shares may have ended up in the Sprott ETF? Mixed feelings about the new shares.
Hoping for progress reports on Tigris and Sweden. The latter, permission to mine, would see the sp spike nicely imo.
Aura has been added to Sprott’s Uranium ETF in the latest rebalance. Approx 25m shares purchased.
Interesting and encouraging but don't see this lifting the sp much.....
The contacts this guy has does make a bid or sig JV more likely imo.
The Cherry on the cake.....Sweden issues permits AURA to extract Uranium Ore.