Member Info for d.monies

What happened to all the Uranium mania on X ? The AI Google & Amazon hype lasted about 2 days, now Orano are shutting down Somair in Niger but no one seems bothered because the spot price isn't moving, will we get a couple of days of bullish sentiment if Putin bans all Uranium exports to the West? We've been hearing the supply deficit story for years, yet to see it come to a head though.

As for Tiris it's as easyp says, the deposit is weathered low grade calcrete ore, free digging no blasting and no grinding, some were unsure about the beneficiation process that upgrades the ore from 225ppm to 2000ppm to feed the leach circuit, the beneficiation process is just simple mechanical screening using a scrubbing trommel and Derrick screen, it's nothing fancy it's just used to filter out all the worthless material which will eventually be used to back fill the pits. Watch any mining show on TV and you'll see rocks being washed in a trommel or passed over vibrating screens. 2000ppm to the leach circuit isn't to be sniffed at given the ease of mining, yeah higher grades are available in other regions but what does it cost to build and run an underground mine vs shallow shovel ready?

I don't feel like listening to one of Cliff's sales pitches to be honest after hearing them for many years, happy for others to digest any information and share their thoughts on here, will also be happy if any of what gets discussed results in the sp going up.

So much bullish news for Uranium currently, first Google now Amazon, Nexgen back over 10 CAD and opened up today gapped up.

This touched 77p in April '22, since then Nexgen is up 17%, spot price up 30%, swu & term contracts up even more, sentiment for nuclear energy and uranium has never been better but we're sitting at the mid 40s.

3.6p ahoy man the lifeboats.

Where's Harold and his Sega Out Run arcade simulator, regen shocks and award winning autonomous vehicle control centre ? Come on Cliff we're still waiting on the special dividend.

Another Gross disaster.

Headed back down to Dec'21 sp.

Sp hit the 50 dma and got hammered back down, staying above 6.5p would be a start if charts mean anything but wake me up when this at least triples, been in since 2018 and holding out for bigger returns hasn't worked when I could've sold for north of 30p '21 - '22 . 6.5p bid and no special dividends is trash

So much for the Golden Cross and Trend Reversal back in March hey.

When does the bleeding stop? Some people thought trading Aura was going to be easy money, buy round 9p and sell around 17p as the sp had been in this channel for a couple of years but now we've puked below this range, what's next? Back to 2p? All i keep hearing on X is that contracting matters not the spot price but if the contracting price keeps creeping up why do the Uranium companies continue to fall ? Is it purely down to macroeconomics and dried up liquidity ? Does the market have to be frothy with an abundance of bullish sentiment for people to pile into non-producing, non-cash generating explorers and developers?

I've gotten to the stage where i'll have to see this massive Uranium supply squeeze to believe it.

Something's up but never the sp.

But que the usual "The patient will be rewarded comments" and "If Tek's not for you then sell up and move on"

Where's used car salesman Gross with his special dividend pitch on Proactive Investors ?

Rinse and repeat, when's the next consolidation ?

This could stagnate for years, if only I'd sold at 40p.

If you look a YCA & GCL and use them as a gauge for Uranium sentiment, the sector seems to have been selling off since January and Aura will just go in the same direction as the market. Hopefully all the news recently will speed up our recovery when/if things turn bullish again, not holding my breath - been left underwhelmed too many times.

They could put out news that the deposit is now the size of Nexgen's Arrow and the sp wouldn't go up, no money is currently flowing into these junior mining stocks, sentiment is nonexistent, tales of global supply deficit and phrases such as "the price has to go up or the lights go out" have grown old. Wake me up when this mythical uranium bull starts.

Same Tap, sick of it all, started out several years ago all deluded with intentions of long term holds & a head full of Buffett quotes such as "holding for the real money" but the reality is everything on Aim is junk and all these companies should just be treated like hot potatoes - hold for longer than 5 mins and you'll get burnt by the next discount placing, these boards are full of regular faces with their positive posts & lofty predictions, the Bushveld Minerals crew was a prime example, just look at that dog now compared to all the talk of a £1 party. Should've just stuck to dca into a global index tracker acc fund instead of wasting my time with this dog.

At least the thought of Gross taking a large $250k bonus while long suffering shareholders continue to suffer is gone for now, I suppose one should be grateful for small mercies.

Neither has any of Bannerman's uranium but they have a marketcap nearly x6 of ours and neither do they own large polymetalic resources in Sweden, really frustrated with the sp after bitterly holding for so long all through the Reeve drama but ffs this is so undervalued compared to its peers.