December will be the start of a re-rate1 Dec 2021 09:50
Aura are on the brink of uranium and vanadium production at Tiris.
You can now buy under 13p
When the herd arrives after this months announcement, people will be calling the 20s cheap.
See extract from rns below;
Resource upgrade of 10% or 5.0 million lb U3O8 to the Company's Tiris uranium deposit in Mauritania, bringing the total JORC Resource to 56 Mlbs (at a 100 ppm U3O8 lower cut-off grade).
· Capital estimate update for Tiris to reflect 2021 input costs, with only a modest increase in the Capital Estimate.
· Updated DFS reconfirming Tiris as a low capital cost development opportunity.
Stage 2 exploration underway at Tiris with the results from the Opportunity Review, Net Zero Emission Study, Water Drilling and Vanadium assays expected before the end of the 2021 calendar year.