Aura Energy Share Discussion Threads

[rlewis jnr] 13/4/2021 08:26

Yes i believe so

[danmart2] 12/4/2021 16:28

Is the share offer only for ASX share holders?

[danmart2] 12/4/2021 07:57

Thank you wholelong , it’s been a long wait !

[wholelong] 09/4/2021 15:11

I've heard from others it's believed to be the 3rd week of April

[rlewis jnr] 08/4/2021 14:35

Hi guys, have had a substantial holding in Aura for some years now, is the latest share issue (below) worth taking up? We're writing to let you know that Aura Energy Limited has issued an open offer, entitling shareholders to subscribe for new shares in the company. The terms of this open offer are: -Issue: Open Offer -Ratio: 1 new shares for 2 shares held -Subscription price: AUD 0.026

[danmart2] 06/4/2021 22:15

How long until ASX lists?

[danmart2] 30/3/2021 19:34

Kingston - multiples of the companies capitalisation If you use google translate and search on Swedish newspaper sites, the last mention of Aura I can find is from last year and it’s an opinion piece by an environmentalist talking about nuclear and she writes the govt won’t have to worry about the court case compo claim as Aura is practically finished. How times have changed.

[kingston78] 30/3/2021 13:33

If there is a decent Swedish offer for settlement the amount could be more than the company's market capitalisation.

[danmart2] 30/3/2021 12:38

Still looks cheap! 20p minimum with one decent RNS

[richie32] 30/3/2021 11:50

Aura thawing out after being virtually frozen. Looks good

[danmart2] 30/3/2021 09:12

One broker allows me to buy more, another states there is a problem in purchasing these shares? What is the hold up?

[danmart2] 29/3/2021 20:10

Need RNS on * funding raise * ASX re list * Tirius progress * Swedish Legal Claim

[kingston78] 29/3/2021 16:02

I hope that there will be some good news soon to propel the share price much higher.

[richie32] 29/3/2021 14:48

I think consolidation makes it more tradeable and, of course, the prospects here are excellent

[kingston78] 29/3/2021 13:20

It is great that the share price is gaining momentum.

[danmart2] 28/3/2021 16:25

Big week ahead, RNS due to update on company’s new cash reserve and hopefully movement at Tirius

[77howard] 26/3/2021 20:57

Pantheon Resources (PANR) about to rocket: Talitha #A well on the Alaskan North Slope has encountered five significant oil bearing zones plus an unexpected additional prospective zone. "The results to date and the potential economic value as discussed earlier i.e., 350-500 million barrels of recoverable oil at an estimated NPV10 of over $10/bbl (at today's oil price) represents a huge potentially multi billion dollar prize that we can test over coming weeks." hTTps://uk.advfn.com/stock-market/london/pantheon-resources-PANR/share-news/Pantheon-Resources-PLC-Operational-update-Talitha/84516128 hTTps://uk.advfn.com/stock-market/london/pantheon-resources-PANR/share-news/Pantheon-Resources-PLC-Update-on-Forthcoming-Share/84674593

[danmart2] 26/3/2021 20:18

Kingston78 Which broker?

[richie32] 26/3/2021 16:24

Hey kingston78 some brokers take a while to sort out consolidations so I guess the numbers can be out for 24 hours or so sometimes

[kingston78] 26/3/2021 10:30

I understand that there is a share consolidation of 13:1, but my stockbroker's account has not reduced the number of shares that I hold. I wonder whether other people have the same issue.

[danmart2] 26/3/2021 08:14

Today 6.00 Price still to settle , market cap is small compared to the potential

[danmart2] 25/3/2021 23:56

Shares re-list on Monday?

[danmart2] 22/3/2021 00:16

I do wonder, now the shares are suspended for a week for the consolidation if we will get the positive news updates? In particular an update on the Swedish government claim

[morethanme] 18/3/2021 13:57

Another thing Aura has going for it is that the UK has very few Uranium listings, most uranium juniors and majors are listed in the USA, TSX or ASX exchanges. The only UK listings I am aware of are: - Yellow Cake | YCA (physical uranium fund) - Geiger Counter | GCL (Uranium fund) - Berkeley Energia | BKY (Binary play, if the Spanish gov allow uranium mining, heads or tails?) - Kazatomprom | KAP (Kazakhstan 75% state owned uranium major - £4.5bn mcap) When the uranium price rises and uranium stocks become more mainstream, Uk investors have limited places to go unless they want to deal overseas. If Aura sorts out management/shareholder issues, it will be the most leveraged uranium play in the LSE by a huge margin and I can foresee a lot of money coming this way. Everything has to fall into place here first, but big payoff if the board can resolve issues.

[morethanme] 18/3/2021 13:57

Taken a modest position here of 500k shares at 0.54p, not willing to take a larger position here because there is significant risk here. However risk to reward is very interesting… The mispricing here by the market is obscene, if this company comes out of the ASX halt and raises a good amount of cash, this company is going to re-rate significantly. The company has a good portfolio of assets, but for simplicity sake lets only concentrate on one of their three assets; the Tris uranium asset and see what this company could be worth, on this asset alone. The most comparable peer I could find would be Forsys, which has the Norasa deposit in Namibia with 91mlbs of uranium and has a completed Feasibility study for its deposit. It has a capex of US$400m and opex at US$30/lb to produce 5mlb/year U3O8 and no current management. Namibia is a better uranium mining jurisdiction, but the substantially lower Tris capex of US$45m, more than makes up for this. The market is valuing Forsys currently at CAD$100m (£57.6m) or £0.67 / lb in the ground. Aura’s Tris deposit contains 49mlbs U3O8, valued at the same price would be worth £32.8m. With current shares in issue of 2,557m and conservatively assuming a 33% dilution to raise capital, the company would have 3,400m shares in issue. With Tris valued at £32.8m, this should justify a share price of 0.96p, a 97% upside from the current price of 0.49p. With the uranium price likely to move up very soon, the value of this asset is likely to go much higher. This valuation is from 1 of 3 resource assets the company has, there is exploration potential to increase the Tris U3O8 resource up to 100mlbs and there is potential compensation from the Swedish government for the companies uranium deposit there. Management and shareholders need to resolve their difference, but with the uranium market booming, I have no doubt these issues will be resolved a lot quicker, because of the upside to all parties. Really interested to watch this unfold over the next few years.