Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Uranium stocks down under were spanked last night abd news of fire at Ukraine nuclear power plant and the associated threat didn’t help. Plant now seized by Russians so all under control.
Other news that Kaz are joining the fight with Russia,
This would result in a massive decline of uranium supply to the west from kaz; sending uranium spot price through the roof.
Expecting a dip here today but also expecting it to be short lived.
By 2:30pm today, we could see US uranium stocks jump well ahead which would drive auras sp towards closing. Worst case, aura dips today and charges on next week hopefully.
I’m selling other stock today to buy the dip and going even heavier in to Aura!
AEE gapped up earlier this week and might need to fill the gap. If so we could see a 10% dip from current price before the ascent.
Don't get spooked if this happens! Any dip will get bought up quickly.
Better that AEE's gap fills now rather than later. We need that out of the way in my opinion as many will hold back in fear with that gap looming!
The book wasn’t looking great all morning but has flipped now. Next leg up of the day incoming.
A close above 16.5 will be bullish today. If we close above it tomorrow (weekly close) then we should see a sustained breakout next week and finally return swiftly in to the 20s.
Uranium spot price now making new all time highs!!
It might seem a long way off but the way things are going we will soon be targeting 30p. Mark my words!
Interesting Easy. Even news of a pilot scheme would be fantastic.
For clarity, those interested in Aura should see Haggan as speculative and simply a bonus compared to the the non-speculative fundamentals related to bringing the Tiris Uranium mine to production (fast track).
I have invested in Aura as I am a massive believer that Nuclear Energy is essential to achieving the net zero targets globally and that the current uranium bull market will continue as a result.
Aura are fantastically positioned to grow substantially on the back of the Tiris mine alone, even at at todays spot price, due to the low capex and low development costs associated with the vanadium resource. The fact that Uranium spot proceed could continue to rise with increasing demand only improved the investment case.
Then, if the Haggan mine is thrown in to the equation, being the 2nd largest Uranium source in the world, you don't have to be a Nuclear Physicist to figure out what will happen to the share price!
Here's another....
https://twitter.com/aee_auraenergy/status/1498453371501506561?s=20&t=ocaByTH4yaf1uxwmZzTumw
Aura at 13.7p (£58m mcap) is currently trailing 10% behind AEE at 0.28 ($118 Aus)
Expect ASX Uranium equities to fly overnight and I’d be stunned if AEE doesn’t do a good few %.
Aura still sitting very cheap and I expect buyers to take advantage in the morning.
Uranium spot price could continue to rise and potential break 2021 highs.
The uranium bull market continues and the low mcap ETF entrants such as Aura are best positioned to make the most gains.
URNM etf entry is on the cards for March and Aura are still fast tracking Tiris to production.
STRING BUY…. Patience will be rewarded !
As always DYOR…
I see Haggan as a potential bonus. A very big bonus!
I believe the day will come when Sweden will see sense and allow Uranium mining.
Anyone holding Aura shares at that time could see their holding re-rate anything between 5-10x in a short space of time.
Seagulls, the 2p callers are all the same muppet. The type of loser that follows all the rampers on twitter in to rubbish stocks. Typical amateur investor. Probably suffering massive losses.
No one in their right mind would listen to such nonsense.
https://www.world-nuclear-news.org/Articles/Swedish-resource-world-s-second-largest