Rights Issue, Loyalty Options and Underwriting Agreement
See link:
https://company-announcements.afr.com/asx/aee/a2d1506a-928c-11eb-aa66-a65b42e68e53.pdf
Can't blame them for buying, I would be buying more if the offer stood for Aura. The good news Aura's price will follow. Despite the AEE offer, the Aussies are buying AEE for the same reasons most of us have bought/buying Aura. Uranium is hot, getting hotter and the value of Lbs in the ground is set to rocket. Plus, there isn't much worth investing at the moment other than lithium and uranium in my opinion.
Sit tight and enjoy the ride! No doubt it will be rocky and not for the faint hearted ;)
Bram Vanderelst - Head of Uranium at Curzon..... Tiris Uranium Project compelled them to enter the offtake and financing agreement.......
https://twitter.com/aee_auraenergy/status/1448777370261868548?s=20
Hot off the press:
https://stockhead.com.au/resources/uranium-miners-believe-theyre-on-the-cusp-of-a-new-renaissance/
To be fair I did, and expected better. Hand held up. I still believe its coming and more.
Dorset,
To get a better picture of the uranium bull case I would recommend following John Quakes on twitter. If your not a twitter user you can still find his page on line and a good look through his tweets will certainly help.
No one can put an exact date on anything but in my opinion, which is shares by many, including the likes of Elon Musk, Nuclear Energy will be essential to talking climate change amongst other technological challenges mankind strives to to conquer.
Whether 20p comes for Aura next week, next month or even longer, I believe that share price is nothing to what will be achieved long term.
Anyone buying any share shouldn't go by what they read on on the likes of these boards alone. They should simply use them as a means to build their own picture as part of their research which ideally should give the individual the ability to make logical decisions of whether to buy, hold, sell or not even bother.
Never invest what you cant afford to miss temporarily or lose indefinitely and own your decisions, as its none's fault if you press the buy button bar your own. If you don't know or understand what you're buying you will be very lucky to do well and might as well throw the money on red or black on roulette. DYOR so they say ;)
Always expect big price swings. You only lose when you sell. I’ve taken advantage of the drop. Not saying you should but many play the game that way. You may have heard the term but the dip? Aura only going one way in the long run. Do further research in to uranium investment and to this company; You will inevitably have a different mind set. Chin up!
“ Offtake financing turbocharges Aura Energy as the highest leverage uranium stock to invest in”
https://stockhead.com.au/energy/offtake-financing-turbocharges-aura-energy-as-the-highest-leverage-uranium-stock-to-invest-in-on-the-asx/
Glad I got stopped out with my small punt here when price dropped below placing price.
Inevitably a drop today but hopefully not too much for holders. It could actually be a good thing that wag decide over nrw, just a shame that know one knows how long the delay will be.
Those buying after todays drop could be the most fortunate but will need to be brave. Good luck, I hope they lull this off.
Chart is screaming out 25p squeeze in to the descending wedge, needs to break out and stop the rot, likely by early next week if not before but a break below 24p spells disaster. Like catching a falling knife but closer to 25p could be a worth the risk with a sensible stop loss.