Aura Energy Share Discussion Threads

[sos100] 24/5/2018 14:42

Good news on Haagan but don't forget the Tris Project,52mlbs of Uranium in Mauritania.
Low capex ,still needs a mining licence but it could be in production at the end of 2019

[cnrns4] 24/5/2018 14:38

Urigem, only thing holding this back i feel is the overhang from march placing. Not long to go now hopefully.

[urigem] 24/5/2018 14:30

Hi allStill doing the numbers on this. Too good at the moment must be due a big rerate

[cnrns4] 24/5/2018 12:36

hxxps://www.mining-technology.com/news/aura-energy-confirms-new-vanadium-zone-at-haggan-project/



hxxps://www.oilandgas360.com/aura-energy-limited-new-resource-estimate-haggan-battery-metals-project/

[cnrns4] 24/5/2018 12:13

hxxps://smallcaps.com.au/aura-energy-identifies-significant-high-grade-vanadium-haggan/


Aura Energy identifies ‘significant’ high-grade vanadium zone at Häggån


Aura Energy (ASX: AEE) has identified a near-surface high-grade vanadium zone at its Häggån battery metals project in Sweden.

The zone was discovered after an ore body modelling study, which also confirmed the presence of 2.6 billion tonnes grading 0.26% vanadium for 15.1 billion pounds of contained vanadium mineralisation at the project.

However, the modelling defined what Aura Energy claims is a “significant” high-grade vanadium zone of 90Mt grading 0.42% vanadium from 20m, using a 0.40% cut-off. The high-grade zone contains about 0.8 billion pounds of vanadium.

Additionally, the majority of the higher-grade mineralisation starts at 20m below surface and extends to a 100m depth.

“The discovery that a large high-grade vanadium zone exists close to surface in the Häggån deposit provides a significant boost to the economics of this battery metals project,” Aura executive chairman Peter Reeve said.

“Clearly, this newly defined high-grade zone provides an excellent location to start an open pit, which will result in the rare event of mining the best ore grades from the very start of the project,” Mr Reeve added.

Aura Energy claims the 15 billion pounds of vanadium makes Häggån one of the world’s largest known vanadium resources.

Häggån battery metals project
In addition to its vanadium mineralisation, Häggån also contains economical levels of nickel, zinc and molybdenum as well as other battery metals.

The vanadium price has been gradually climbing since 2015 from its bottom that year of almost US$2 per pound for 98% vanadium pentoxide flake to the 22 May 2018 closing price US$14/lb for the same product.

As a result of the price increase, Aura Energy shifted its focus at Häggån to vanadium, which resulted in the updated vanadium resource.

According to Aura Energy, the high-grade vanadium zone extends about 1km in north-south and east-west direction, with several blocks contained vanadium grades higher than 0.40% within 20m of surface.

“To put this in context, if Häggån were to produce approximately 5% of the current global vanadium production, we would be able to mine this high-grade pod for around 20 years, from resource blocks containing over 0.4% vanadium,” Mr Reeve said.

“And mining would not have to go deeper than approximately 100m for the first 15 years of production,” Mr Reeve added.

[the deacon] 24/5/2018 11:50

Haven't checked in for a while on this one. Any news on the Haagan spin off? Thanks all

[cnrns4] 24/5/2018 10:26

Urigem, timing?

Only if we could get it right, if i had funds i would top-up.

In my view it wont be long till we get a correction here, i am willing to wait it out.

Good Luck.

[urigem] 24/5/2018 10:23

Yes, all looks good except the share price - sitting on a 20 loss at the moment. Not bothered about that, just annoyed with myself with the timing

[cnrns4] 24/5/2018 10:16

We are listed number 4 in world vanadium resources list

page 4

hxxp://www.auraenergy.com.au/investor/ASX%20Announcements/2017/High%20Grade%20Vanadium%20Zone%20Defined.pdf

[cnrns4] 24/5/2018 10:11

From their site, Top 20 holders, only 30% in freefloat

hxxp://www.auraenergy.com.au/investor/ASX%20Announcements/2016/Top%2020%20Shareholders%20(22%20September%202017).pdf

The above holdings were true as of 22/09/2018

These must have changed after the placing done in march 2018 and all other issues such as options, wonder when we're going to get an update on new holders list

[cnrns4] 24/5/2018 09:46

only 40% free float

60% taken up

hxxp://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P00018NHA%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00018NHA&ClientFund=0&CurrencyId=BAS

sorry try hxxp://www.morningstar.co.uk/uk/equities/mostactives.aspx put in ticker code asur and then select directors and shareholders

Major Shareholders


Name

Type

Amount

Holding %


Computershare Clearing Pty Ltd - 242,837,266 30.59
HSBC Custody Nominees (Australia) Ltd - 98,099,286 12.36
Citicorp Nominees Pty Ltd - 63,576,281 8.01
Pre-Emptive Trading PTY LTD - 37,500,000 4.73
Mr. Peter Desmond Reeve - 12,852,365 1.49
Dr. Robert Beeson - 5,636,937 0.654
Brett Francis Fraser - 3,957,600 0.459
Julian Christopher Perkins - 2,861,990 0.332

[urigem] 24/5/2018 07:49

good morning euclid

yes, you do -however, yesterdays rns make that significantly larger and cheaper to extract, prices are also higher since then - in make it pushing $400,000,000.

[euclid5] 23/5/2018 22:04

do I read page 18 of the presentation correctly - total value of metals
Total $ 217,992,023,829


2012 Scoping Study project economics did not consider these valuables

Over $217 billion dollars / £162.5 Billion gbp

[urigem] 23/5/2018 16:55

Need something that can put a value on this, any ideas of the processing costs

[urigem] 23/5/2018 14:33

Yes, agree no point chasing these after the effect. Need to get on and wait.. Timeline for float looks about 4 month s? And lots of other things going on with such a small mkt cap

[greedfear] 23/5/2018 14:30

Probably. I like these plays very much. Under the radar, yet fantastic prospects, multiple share price triggers.

[greedfear] 23/5/2018 14:29

The info is a little bit dated, but it gives you an idea.
A lot is going to happen short term (Uranium: Mauritania, IPO Battery metals (Uranium as byproduct?): Sweden, gold projects) ,that will drive share price up.

[urigem] 23/5/2018 14:23

GF have no problem with patience, looks like an easy ten bagger once a few $$$ numbers are put against those figures , which wont take long, then it will be ramped everywhere

[urigem] 23/5/2018 14:21

thanks GF, will do. report state this as the 4 biggest in the world, but its the 0.8 billion high level, high grade that has caught my attention.

[greedfear] 23/5/2018 14:19

People are so impatient. Buy and hold. 10x current share price easily. Too many traders in this share currently. Well let them make their 10, 20%. Good for them. I'm going for the 10, 100, 1,000 x

[greedfear] 23/5/2018 14:18

There's no catch. You might like to get an idea about the value of the metals in Haggan alone.

Can advise you to take a look at the hotcopper bb board.

[shirley83] 23/5/2018 14:01

Back to 1.2 range and then placing. Same old system

[ohsod1t] 23/5/2018 13:51

Seems completely off the radar. Can't help with figures, but would like to hear a comment from someone that can.

[urigem] 23/5/2018 13:47

Ok - who understand this company?My thoughtsTrying to get my head around the numbers. Just under 1billion lbs at high grade and near surface, low cost open pit ,current spot $16 lb - up about 400% over a year and increasing battery demand. Plus further 14 billion at lower levels $200 billion asset, easy acess - 14mil market cap ----- recently funded what's the catch??

[urigem] 23/5/2018 13:01

added £20k at 1.425, got £35k - that will do for now