Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Considering spot is heading up through the $60s and Russian uranium ban is edging closer.
Still accumulating sub 16p which I never though would have been possible with spot over $60/lb.
Equites moving up today also!!
DYOR
Spot price already moving up the $60s.... as soon as Russian uranium is banned, spot price will be charging towards triple figures and well positioned uranium stocks will literally go to the moon!
https://twitter.com/quakes99/status/1512035679806451716?s=20&t=9uuqUfFpeDsA1PDwOMYJqQ
Knock knock … $60/lb
https://twitter.com/numerco/status/1511010907840729099?s=21&t=pNhCEk9ZEJiUykqPTuf8vg
Spot price holding up well. The next leg up in to the $60's could soon be upon us.
Overweight near term producers such as AGE are starting to dip.
Aura's turn to shine might be just around the corner!
The bored Aura holders and rainbow chasers sell, the wise accumulate ;)
Book looks very strong and steady buying.
I’ll be very surprised if we don’t close blue today!
While the market has some hours to go this has been a good week imo. Additional mineral finds, agreement from Sweden to mine uranium or a bid could result in a spectacular week in the not too distant future!. Plenty still to play for imo.
Seems to be some demand back for shares as I can sell 100k in a single trade once again.
Some talk on twitter with many surprised at AEE's mcap in comparison to AGE which is no where near as advanced as Aura. We are simply undervalued and a correction is imminent in my opinion.
That Stan would be peachy, Uranium a useful commodity coming back into geopolitical fashion has value but any gold or rare earths found alongside it would be the financial cherry on the cake. One can only hope!
The board of directors fully expect to make a call this calendar year if or rather when they are going into production; one may argue that decision has already been made and the latest batch of work to prove the extra resource on the plot is to improve any loan agreement to set up the mine operation.
I speculate the drilling programme that is set to take place will find a lot more than just uranium.
https://seekingalpha.com/news/3815678-uranium-outlook-improves-uk-plans-to-increase-nuclear-to-25-of-energy-mix
Very good news from the UK regards demand for fuel but AURA now needs to press on with production of ore. I suspect even a modest amount of production will give the sp a massive leg up.
Thanks Yarn.
I’m very hopeful that our patience will soon be rewarded.
Our investment in Aura has held up well through volatile times which is a great sign in my opinion. Liquidity might be low for now but that will soon change as Aura step even closer to bringing Tiris in to production.
Cheers Levs,
Held Aura for a while and appreciate your dailyish updates.
Seems to be getting a little closer to that time we are all hoping for.
The market is expecting Aura to be entered in to URNM at the end of this month.
The rebalancing of URA wasn't such a smooth process for Uranium stocks, hence a potential reluctance of investment in to the proposed URNM entrants such as Aura until the rebalancing is complete.
It will be very interesting to see how things turn out over the next week or so considering Aura was well in to the 20s when spot price climbed in to the 50s in September, prior to entry in to both URA and URNM and prior to additional funding. With Tiris being even closer to production and spot price heading towards $60+, Aura is a coiled spring!
Spot price moving up in response!
https://twitter.com/numerco/status/1505967683011026945?s=21
tit for tat.....Putin says
https://www.zerohedge.com/markets/uranium-stocks-soar-after-russia-says-considering-ban-uranium-exports
I notice Aura on the ASX still has a m/c half that Alligator & Vimy and last time I looked Aura was most probably more advanced - well past just an explorer but has mining licenses and off take agreements also, add to that Haggan and the gold spin off it would appear we're undervalued. I guess we need some progress and news flow to firm up the sentiment which Peter Reeve destroyed.
Oh now that is sexy news Levs......it also explains the uptick in UUUU yesterday!
Spot price will move on this prospect and will rocket if imposed.
https://www.reuters.com/world/us/us-senators-introduce-bill-ban-us-imports-russian-uranium-2022-03-17/
Dip eaten up!
Now that’s out of the way it’s time to push on up.
Uranium stocks heading back up.
I’ll happily take advantage rage at this level. Dip was inevitable today after abounding another mini raise. Frustrating but the dip will get eaten up as it did yesterday.
The fundamentals remain the same and as spot price climbs along with Tiris getting closer Aura is only going one way!
The SP right now is a gift!
2.5 EFFECT OF THE OFFER ON CONTROL
Up to 100 Shares are to be issued under the Offer and, as such, will not have a material impact on the control of the Company, however, the Placement Shares will dilute existing Shareholders by approximately 8%.
Well phuck you AURA I am getting tired of this! We need investors, big mining corporations and maybe a bid not dilutative fund raising to pay management pay/bonuses. Still no production at Tiris!
Not seeing it in the sp!
Loads of buys coming in at high value. Good to see. Somethings brewing.
https://www.youtube.com/watch?v=v67JB7kPVWk
Sir Les Patterson, a sophisticated Australian Investor says........strong buy!
AEE we’re trading 20% + to Aura before private placement. So the institutions got their shares at the same price as we could have bought ours on Friday.
Nothing to complain about.
If there was a public placing for Aura U.K. listing with a 20% discount there would be a 20% drop in price followed by placing over hang for weeks.
The whole process has plaid out as I expected and stated in earlier posts. Happy days onwards and upwards with £8m extra towards Tiris.
Now fine for Aura to catch up with the market following the recent rise to $60 spot price.
20p+ incoming .
Strong buy!