Member Info for d.monies

Aura is such dog, if I'd have bought Boss Energy or Paladin when i first took a Uranium position I'd be sitting on minimum ten baggers now as opposed to back to break even, should've ran for the hills at 20p, painful lesson getting involved with s**tcos like Aura.

Even if there was, would the sp of this dog go up?

District Metals keep putting out positive news regarding Sweden & mining but Aura looks undervalued compared to its peers based solely off the Tiris project. We all know Haggan would takes years or even decades before any mining but the Sweden assets becoming viable would surely totally rerate Aura.

That's going to be a terrible look for Tek if it's true, I wonder what $lcd (the Lucyd augmented reality coin) bag holders would think?

The highest paid Director received a bonus of US$ Nil (2022: US$250,000). Did Gross forgo his bonus then?

$791k a year going straight to the Gross family hey! Didn't Cliff get another family member on the gravy train also? Was it Mallory Gross, Harrison's sister possibly ?

Hopefully one day FlagStaffIR will post a link to something that makes the price go up.

Previous years, providing the subscription rights were in the money I was eager to take up the offer but i'm in two minds currently with many now favouring the Uranium ETF's, can't say I've been that impressed with this fund's performance given the fees.

Tek sp can't even get above the placing price which was discounted at the time, Gross is killing this share while paying himself half a million dollars a year.

People on X bragging about their Paladin 10 bagger while I'm more or less back to break even after 4 years with this lifestyle company dog. Uranium bullmarket huh?

Shame this is just a lifestyle company though and Grove is securing spots on the gravy train for his mates.

Looks like the chart set up has totally broke down then, so sick of this share & the greedy old p.o.s who thinks he's worth $0.5m a year.

Agreed Topcatz but we'd expect the sp to be subdued after a placing but this isn't churn - it's offloading, surely any parties who took up the fundraise wouldn't be selling 100k chunks for 9p and 150k for 8.67p

Previous Aura SPP's have excluded UK holders, if Aura's sp rises between now and the SPP opening (Monday, 8 April 2024) anyone holding on the record date (last Friday) could possibly buy in, i guess you'd have to speak to your broker as most hold through a nominee account, I previously asked my broker to cast a vote on my behalf - which they did so no reason why you can't take up your allotment. The SPP price is $0.18, I'm assuming this is AUD, so would that be a simple conversion to £0.0924 for us?

"The Company is also pleased to announce its intention to offer a Share Purchase Plan (SPP Offer) to existing eligible shareholders, being shareholders of the Company with a registered address in Australia, the United Kingdom or New Zealand recorded on the Company's share register at 5.00pm (AWST) on Friday, 15 March 2024 (Eligible Shareholders)"

They'll issue shares at whatever price they can get as they need the money to fund Cliff's $250k salary & $250k bonus. Unless it's just currently being tested - the share price on the daily chart is now back below the trendline and all the moving averages, back to 6p then? Obviously drawing lines on a chart is subjective, someone else may draw it differently.

Where's the big sells in the trade data to justify being marked down -16% right at the end of the session after recovering all afternoon?

Nearly got shaken out today and was really close to selling as couldn't stand seeing profits melt away. The raise on the ASX is supposedly priced at $0.18 AUD so that's 9.2p our money, I'd rather we didn't go as low as 9p but the Aura chart should have strong support there so if it does maybe anyone who still wants in could buy there. The positives are that the money is supposedly enough to see them through until FID, they've produced a FEED study, the latest drill results are good and there's more to come and the Uranium market seems to now be recovering from its wobble. What's other people's thoughts? Do we expect non-producing mining companies not to keep raising money?

Had a bit of confluence on my chart with the daily 100ma and previous down trend line which we touched yesterday, not good that we've now had 4 daily candles close below the 200ma, this 10p raise has really done us over and how long does $2m last? We need to see an end to these regular discounted placings or is TEK just another AIM dog that will never change.

Was feeling alright about Tek for a short while when we ran back up to 18p but as usual a discounted placing has shattered sentiment, is Cliff Gross still alive? Not seen or heard anything from him recently, although we've heard the stale sales pitch all before. Yeah, we expect the placing shares to be churned through but all the selling is currently sub 10p so does that mean if we do rise in price more dumping will start?

Mike Alkin claims the spot market is a joke, just a handful of traders buying and selling a couple of hundred thousand lbs of Uranium amongst themselves for a few dollars profit per pound and all that matters is term pricing but I guess most eyes are usually on the spot price and it drives sentiment.