Aura Energy Share Discussion Threads

[papillon] 02/4/2022 00:25

You pick some excellent shares to invest in TCofMC! I remember when the uranium price peaked at US$140 per lb back in 2007. I had shares in Uramin (UMN) at the time. They had a massive low grade uranium deposit in Namibia. UMN was bought back in 2007 by the French state uranium company for US$2.6bn. My best ever investment. Pity it was all a fraud! The uranium deposit turned out to be uneconomic even at US$140 per lb and the takeover was just a ruse devised by the French to pay an illegal commission to a South African wheeler dealer, who had a substantial shareholding in UMN, for his services in arranging a deal in the Central African Republic. Needless to say UMN's Namibia deposit proved to be worthless.

The legal ramifications of the UMN deal are still ongoing after all these years.

The AURA chart is very bullish. I like the look of the company and will have a punt. Nuclear fission as a source of "green" baseload electricity generation is back in fashion again after the collapse in confidence following the Japanese disaster of 2011.

[danmart2] 31/3/2022 10:17

Any news on when they will commence the further drilling in Mauritania?

[drago] 25/3/2022 09:03

up a penny !
they should omit a few more paragraphs from their reports...

[danmart2] 24/3/2022 14:23

Why are some investors predicting an upwards re-rate at the end of this month?

[sos100] 15/3/2022 08:40

bizzare timing given where the uranuim spot price is heading short term...

[the count of monte_cristo] 14/3/2022 09:16

Short term head winds for the sp, but medium to longer term this is positive news.

[danmart2] 14/3/2022 07:46

Aura funding confirmed; Tiris production construction decision by end of 2022 after upgraded resource works completed

[the count of monte_cristo] 13/3/2022 02:52

Let's see what tomorrow brings:)

[danmart2] 11/3/2022 15:52

Funding raise is meant to be for accelerated operational works including proving additional resource in the area with a substantial number of drills across AURAs licensed plots.


Expect a substantially upgraded resource report

[the count of monte_cristo] 11/3/2022 13:21

Surprising share price action this week considering how strongly the uranium price has moved and how the West are now going to be searching for uranium supply away from Russia. But I find that usually it takes a while for these things to play out and sink in and the market to factor in and understand the situation. I was thinking to trade this on the small upticks, as I have done previously, but now want to sit tight and see how this plays out over the coming months. It's a very cheap company when compared against its peers.

[drago] 11/3/2022 09:32

count,
those big charts of yours are great, no need to peer at the screen.

ill bet the fund raise is to get tiris going.
they must be champing at the bit to supply the growing market ahead.

[the count of monte_cristo] 11/3/2022 05:20

The project fundamentals get better and better, increasingly favourable uranium sentiment, EU saying nuclear is part of their green energy mix and plan, Germany revaluating their terrible strategy of relying on Russia for their energy and closing all of their nuclear fleet. The Tiris project is one of the top near term uranium mines out there, comparable companies are capped in the 100s of millions.

NOTE the share price spiked to 21p on the 14th Sept 21 when the Uranium price it 50 USD. Today it hit 60 USD and the share price is 15.5p. Yet the project and the two other projects are so much more advanced and the environment and sentiment is now much more positive for uranium!

[the count of monte_cristo] 10/3/2022 01:52

Thanks danmart, if you find the video or Sharetalk webcast please do share it. I will also keep an eye out.

[danmart2] 09/3/2022 16:35

CEO has a Q&A scheduled for tomorrow, I would expect an RNS before the Q&A to explain what’s happening

[danmart2] 09/3/2022 16:30

Surprised they need money for general operations; they raised enough through the Australia only share option and haven’t exactly been spending or discovering much since.

Watch this space

[masergt] 09/3/2022 16:00

Haggan remains on care and maintenance so funding must be for Tiris or general expenses? Explo and assays + Archaen spin off eating away at cash reserves?

New EPC contract needed for Tiris before Curzon loan can be taken up. 140m shares still to be issued as and when options exercised. Things moving quickly but funds needed now hence placing? All part of moving towards Tiris construction phase, imo, but not actual construction. Have we done EIA for Tiris?

Nottinghill on HC speculates A$5m raise at 25c via PAC Partner. No source stated. Small raise like this again suggests general expenses? Be nice if it was to move the gold forward though.

[danmart2] 09/3/2022 09:58

Strange, I was convinced any mine development would be a joint venture or even sell Tirus?

What is the reason being discussed on hot copper forums?
I can’t get my hot copper log in to work

[the count of monte_cristo] 09/3/2022 09:53

Trading halt on the ASX, pending a fund raising. Could they be funding the commencement of building the uranium mine?

[the count of monte_cristo] 08/3/2022 16:04

Thanks, I think we could be due a push to 20p here. Germany rethinking their terrible decade long policy and strategy of becoming ever more reliant on Russian gas. Absolute idiots and part of the reason that Europe is now in such a state. Germany, with no army, became reliant on Russian gas, who have one of the largest armies.

[danmart2] 08/3/2022 08:56

Half year report out on today’s RNS

[the count of monte_cristo] 03/3/2022 08:55

Sorry about that:) I'm not sure how to reduce the size, but at least it has IMPACT.

The sensible have realized that nuclear energy is actually the most efficient way to create energy and is part of the future energy mix. The sensible have also stopped listening to the winey lefties who complain it is dangerous....you know what is dangerous? A war fought over oil and gas.

[drago] 03/3/2022 08:50

surely the sensible must be looking at increasing the amount of nuclear energy to decrease their dependence on oil and gas.

[drago] 03/3/2022 08:46

wow, thats a big chart

[the count of monte_cristo] 03/3/2022 05:45

I can see this moving above 20p.

- Uranium price moving
- Uranium project has strong economics and close to European markets
- Europe has now started to again focus on nuclear energy
- Sweden project moving forward
- Gold rising and news due on the gold project