The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
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!
RNS out
Watching this space Levs, good work.
OK how come I was not offered a 20% discount to buy more shares? I drink Earl Grey Tea a couple of times a week, how more sophisticated can one get in order to get a discount? Bloody Australians!!!!!
Aura is currently trading at 20% discount to AEE.
Therefore Aura is trading at or around the discounted price of the capital raise.
Aura and AEE haven’t been subject to any price rise that other uranium stocks have benefited from since the AEE trading holt. Spot price now at $60.
Crazy people selling Aura because they see the word raise! C’mon people get with it!
Understand what you are investing in and you will stand a chance of making money!!!
Roll on Monday!!
Which will be 11pm Sunday night for us in the U.K.
details of capital raise will most likely be announced before the ASX opens.
Therefore there will be a full ASX trading session for AEE during this raging uranium market before Aura opens for trading on AIM on Monday morning.
I’m fully loaded and expecting a booming week next week. Certainly don’t want to miss out on a potential gap up on Monday morning.
They didn’t appear to move the price and are within seconds of each other. I assume this was a transfer of shares with a small cut for the broker?
The upside being that the raise was prior to spot price flying up to $60/lb. Indeed brokers make a killing but I expect PI's mop up quickly. If they do get up to 24% discount at least the raise is minimal in the mist of things. Agree entirely that still Bullish here. Expecting to top the 23p September highs within a month based on strong fundamentals and spot price @ $60/lb+
There's nothing like a lowball unnecessarily discounted cash raise to stifle the price action, there's talk on HC of a 24% discount to closing price which if correct would be ridiculous in this climate where Nuclear is getting hot, same old 'brokers & sophisticated investors' set to make a killing then.
Either way, still bullish here, Nuclear looks back in favour, Haggan still on Aura's books plus the Gold spin out, should see some action here soon. ATB.
From the DT this morning:
Mr Johnson told MPs that his new strategy would include a boost for nuclear power, which has been shamefully neglected by successive governments, Labour and Tory, over the past three decades. This needs to be based on the rapid expansion of small modular reactor technology given the difficulties involved in building traditional power stations at Hinkley and Sizewell. There needs to be an ambitious programme for hydrogen power as well.
This kind of rise in unheard of.
Get ready for fireworks in the uranium sector!!!!
The squeeze is on!
We are fantastically positioned here folks!
The cavalry will arrive soon :)
Indeed Stan.
I'm on the brink of selling other stocks to add more to Aura.
I would be quite happy with my portfolio consisting of just Aura and LAC in this current market.
Roll on Sunday night when before ASX opens and Aura announce details of the raise.
Those who have been invested in Aura a while will remember the massive jump in price AEE experienced following their long suspension. I don't expect this jump in price to be in the 400% region like that was but with more finance in place should comfortably pave the way for Aura to march in to the 20s and beyond.
Answer my own question
14th March!
Big week ahead for Aura
Hi,
Not read RNS
Was there any indication of a time frame for the suspension?
Normally this can be done within a week if the funding is already in place
Dummy sell up to £8.5k
Demand is there.
Weak hands selling out to the joy of the MMs looking for cheap stock.
Massive regret incoming for those selling on the back of todays rns.
Those who don’t understand will read the rns and conclude that there is an open placing incoming.
Those who are familiar with how Aura operate will know otherwise and hold out for AEE trading to recommence which could see AEE gap up nicely.
You have to know the game to win!
Trading hold for AEE but U.K. investors have the opportunity to load up.
AEE will jump in price when trading recommences and Aura will follow unless of course we take the lead now!!!
Excellent news as they must have plans for the cash…
The private placement likely to be towards financing
Tiris!! Time to load up before the boom.
Here’s what happened last time a trading hold was announced followed by private placement raise!
https://investegate.co.uk/aura-energy-limited--aura-/rns/completion-of-a-3-7-million-capital-raising/201803290800583666J/
Spot price up $2 which is a massive jump to a ten year high.
Putin has announced he will be banning commodity exports.
Spot price is going to keep racing on.
Happy days for Aura holders!!!
AEE mcap @ 0.325 = £76.46m ( $137.8 Aus )
Aura mcap = 25.5 = £68m
12% disparity
Added more Aura at discount !
RNS out
Confirms compensation claim made against Sweden
Sweeden does not have much choice at the moment. Net 0 by 2050 is dead in the water with current situation in ukraine. Its eather dig for coal or dig for uranium . I would imagine that they will choose uranium as after all is a realtively green safe and reliable form of energy.
If it would be 10:1, we would be mooning. I have posted along these lines before to temper people's expectations, but there are many key steps Sweden needs to get past before there could even be a debate nationally about mining for Uranium, and even then - Sweden has huge quantities of Uranium, and there is no guarantee still that a polluting alum shale project close to a major river system and a regional capital would be first in line to get an approval. If Beowulf Mining finally get their mining permits for the excellent Kallak Iron Ore mine, it will be the first mine approved in Sweden for 10+ years, and a great general signal against the anti-mining greens/socialists who have gradually amended environmental regulations and the framework for approvals making mining a dying industry. (Greta and her leftie friends are protesting and lobbying hard against the Kallak mine FYI, so stakes are high). After Kallak, we need a change in Government this autum to kick out the left-green Government/supporting parties, and we then need a political decision to restart most, or all of the reactors the left-greens have closed in the past 20 years. Then and only then do I believe we can have a serious domestic supply debate for the Uranium.
https://www.businessinsider.com/elon-musk-nuclear-energy-europe-russia-oil-gas-supply-crunch-2022-3?r=US&IR=T#:~:text=Nuclear%20energy%20is%20a%20zero,US%20Office%20of%20Nuclear%20Energy.&text=Musk's%20call%20for%20more%20nuclear,any%20decline%20in%20Russian%20supplies.
Happy days, nobody listened to people like us who for years were calling for more nuclear power but now they are!
Does not help....