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AURA Aura Energy Limited

8.75
-0.55 (-5.91%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aura Energy Limited LSE:AURA London Ordinary Share AU000000AEE7 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.55 -5.91% 8.75 8.50 9.00 9.15 8.75 9.15 40,163 09:20:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Uranium-radium-vanadium Ores 0 -6.49M -0.0110 -15.45 100.72M
Aura Energy Limited is listed in the Uranium-radium-vanadium Ores sector of the London Stock Exchange with ticker AURA. The last closing price for Aura Energy was 9.30p. Over the last year, Aura Energy shares have traded in a share price range of 8.64p to 17.50p.

Aura Energy currently has 592,484,669 shares in issue. The market capitalisation of Aura Energy is £100.72 million. Aura Energy has a price to earnings ratio (PE ratio) of -15.45.

Aura Energy Share Discussion Threads

Showing 326 to 347 of 550 messages
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older
DateSubjectAuthorDiscuss
06/10/2021
09:52
Your questions are ridiculous
the count of monte_cristo
06/10/2021
09:50
Looks like you doing a great job here we’re you in early like 1p
average down mug
06/10/2021
09:45
Let me just jump in my time machine, lol.
the count of monte_cristo
06/10/2021
09:41
How much tomorrow???? If Chinese??
average down mug
06/10/2021
09:20
This uranium stock is about to explode:)
the count of monte_cristo
06/10/2021
08:38
Yes I'm aware I'm referring to what's coming
bmwman3
06/10/2021
08:33
bmwman3 - They already have some offtake agreement, see below.



URANIUM OFFTAKE EXECUTED

- 800,000 lbs over 7 years with additional option volumes
- Average sales price over US$44/lb
- Fixed price covers 15-30% of production
- Aura retains significant exposure to uranium price upside

the count of monte_cristo
06/10/2021
08:31
No new uranium mines are being built, it generally takes a decade from discovery to first build. Yet we have an excellent project ready to go and in a world where the demand for uranium is set to grow exponentially. Look at the oil and gas prices! What do you think the Chinese are going to be thinking about that, that they should be building more coal fired powerplants...that they should be buying more oil?! No, they will be saying that uranium is a core part of the future energy mix. So will other countries.
the count of monte_cristo
06/10/2021
08:28
Penny dropping?
aberloon2
06/10/2021
07:50
AURA The offtake agreement is the agreement pursuant to which the off-taker buys all or a substantial portion of the output from the facility and provides the revenue stream supporting a project financing tomorrow
bmwman3
05/10/2021
06:30
Thanks for sharing, the Aussie investors understand resource stocks much better than the UK investors. Just two days until we find out who is the offtake partner, surely has to be the Chinese:)
the count of monte_cristo
05/10/2021
05:53
Recently relisted Aura Energy has entered a trading halt ahead of the finalisation of an offtake financing agreement, as it progresses flagship Tiris uranium project.

Aura’s (ASX:AEE) (AIM:AURA) securities on the ASX are expected to remain in the halt until the beginning of trade on Thursday October 7 or when an announcement is made.

The company recently relisted on the ASX and is advancing the Tiris Uranium Project in Mauritania on Africa’s Atlantic coast.

In the past few months the company has been putting in several more building blocks as it seeks to be the first new uranium project to commence construction since the uranium price started its stellar rise.

Firstly, the project was the recipient of a 10% resource upgrade in August, taking its total JORC resource to 56 million pounds at a 100-parts-per-million uranium oxide cut-off grade.

It also had a capital estimate update completed that month and subsequently updated its definitive feasibility study with 2021 figures – making its DFS one of if not the most current compared with its ASX listed uranium peers.

Work at Tiris is now advancing with stage two activities currently underway, including an opportunity review with the aim of further lowering costs, a resource conversion, and further exploration discovery and drilling with the aim of expanding the existing resources, with a vanadium by-product review also providing potential to further lower costs.

Aura is also undertaking a net-zero emissions study at Tiris and beginning a review of the steps required to initiate the project’s development.

The company was recently flagged by Stockhead as a uranium play ready to pounce when the price is right.

Aura recently stated that the improved uranium price was driving its review of Tiris, and also influenced the financing options available to the company.

Plenty of progress for Aura
On relisting late last month, Aura said it had completed its first successful drillhole during a water drilling program on Tiris.

The drillhole encountered good flows of water commencing from 35m depth, with a preliminary assessment indicating a flow rate of 17,000 litres per hour.

The testing followed up a water drilling program started by Aura at the project in 2019.

“The company is very confident in the process it has developed for identifying and targeting water bearing structures and we aim to continue testing further targets, as Aura further develops the project and advances towards near-term production,” Managing Director & CEO Peter Reeve said at the time.

Aura
Water drilling at Tiris. Pic: Supplied.
Aura is also drilling bedrock at the Nomads JV tenement within the Tasiast South gold project, also in Mauritania, where it is earning up to a 70% stake.

h2owater
04/10/2021
11:01
h2owater - that would be a good shout considering Chinese energy requirements. I actually live in Guangdong Province.

Below is a list of Uranium focused mining/exploration stocks by market cap, AURA should further rerate as the project becomes derisked and moves towards production. It's a relatively simple mining operation with a low strip ratio. In a world where virtually no new uranium mines are coming onstream and those that do suffer from permitting issues, especially in the US.

www.miningstockreport.com/uranium-stocks/

the count of monte_cristo
04/10/2021
10:43
AURA should be moving towards a 100m market cap, IMHO

sprott.com/media/4004/210610-scp-fcu-dfs-commencement.pdf

sprott.com/media/4108/210714-scp-nxe-community-benefitsdocx.pdf

the count of monte_cristo
04/10/2021
10:37
Could it be China??

The World Nuclear Association has stated that China presently has 30 nuclear reactors in operation and another 24 under construction. By 2020-21 China will generate 58 GWe from nuclear power and 150 GWe by 2030. The Chinese nuclear power development program is not dependent on Chinese economic growth as the development program is a focused government commitment to meet massive base load energy demand and do so in an environmentally acceptable manner with reduction in air pollution being the number one public policy priority. This development agreement with GPEC place Aura Energy in the group of companies that can take advantage of this growth.

h2owater
04/10/2021
09:55
This mine is going to get built in this market, just whether AURA will actually be the ones to build it in the end. I could see a RIO or BHP coming in.

Surprised the Reddit crowd haven't picked up on this one.

the count of monte_cristo
04/10/2021
09:44
Will it be the same partner?
the count of monte_cristo
04/10/2021
09:40
I wonder who the offtake partner might be? Glencore...Sprott?

Additionally, the company would seem to be a sitting duck right now for a potential takeover offer.

the count of monte_cristo
04/10/2021
08:32
RNS out now
aberloon2
04/10/2021
06:39
Release Date: 04/10/21 16:47
Summary: Trading Halt
Price Sensitive: Yes
Download Document 192.99KB

h2owater
01/10/2021
09:17
New interview with CEO 30th September
h2owater
27/9/2021
06:34
News due this week:3. The Tiris Opportunity Review which is looking to reduce the project cash cost has been completed with promising results. The report is currently being finalised before reporting to the market.4. The Tiris Net Zero Emission Study is being conducted by Wood PLC in South Africa and is expected by the end of September.5. The Haggan Vanadium Project metallurgical test work program plan is underway and will be completed by September end.Aura is also now commencing a review of the steps required to initiate the development of the Tiris Project. The elevated uranium price is driving this review and also the financing options available to the company.
h2owater
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older

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