Aura Energy Share Discussion Threads

[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

[urigem] 23/5/2018 12:50

at high grade cut off.

[urigem] 23/5/2018 12:49

1 billion at near surface - they intend to float this off, I'm adding

[urigem] 23/5/2018 12:39

spot price for vanadium $15= per pound and the have 15 billion pounds recoverable from open pit near the surface at good grades. Do I have this correct? I have check the spot price and re-read the rns

[urigem] 23/5/2018 11:31

Like this bit.. Don't think the market has caught on to this yet, first time I've seen the company.. But this looks like a games changer-- what's the thoughts fromLTH!"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% V2O5", Mr Reeve commented. "And mining would not have to go deeper than approximately 100 metres for the first 15 years of production."

[metis20] 23/5/2018 11:28

Drilling techniques and hole spacing The 2018 Häggån resource estimate is based on several drilling campaigns: •2008: 3,453 metres 17 diamond drillholes •2010: 5,091 metres 25 diamond drillholes •2011: 2,279 metres 10 diamond drillholes •2012: 1,625 metres 9 diamond drillholes •2015: 149 metres 1 diamond drillhole •2017: 374 metres 2 diamond drillholes

[urigem] 23/5/2018 11:21

Ok - bought some.. I like the update regarding the higher level and the sheer size is very impressive, will do some more reading before adding any more

[greedfear] 23/5/2018 10:33

Okay. First steps to 10x.

[metis20] 23/5/2018 10:04

AURA TO MAINTAIN A 70-80% OWNERSHIP IN ITS VANADIUM IPO SPIN-OFF hTtps://www.investegate.co.uk/aura-energy-limited--aura-/rns/h-gg-n-vanadium-update/201804190745014342L/

[shirley83] 23/5/2018 09:49

They burn through cash and little left

[urigem] 23/5/2018 09:38

Looks interesting guys - what's the thoughts?

[waterloo01] 23/5/2018 08:13

Uranium is a dead duck in Sweden. To be treated as waste. Anyhow, great RNS. No one interested in stock last few weeks. That's changed today.

[richie32] 23/5/2018 07:53

Superb RNS this morning!

[richie32] 04/5/2018 11:52

I've bought some of these today. Reckon the prospects are looking good and (hopefully) uranium will be going upwards

[greedfear] 30/4/2018 08:55

Added to my position. This story is getting better and better. It’s impossible to predict if this will become a 10,100, 1,000+ bagger. Uranium is at the rock bottom price, production cuts everywhere, increasing demand, demand greater than production, energy companies not closing new long term contracts, Kazatomprom trade subsidiary and Cameco buyers at spot price. This IS the perfect storm! Aura can become a uranium producer at low CAPEX and can be ready for producing quite soon. One of the world largest vanadium deposits (seperate IPO to finance progress there). Gold as a bonus.

[liamnich04] 30/4/2018 08:40

Key Tiris Uranium Resource Statistics: - 52 million lbs total resource (all categories) @100ppm cut-off grade, up 6.1% - 17 Million lbs U3O8 Measured + Indicated (M&I) Resource @ 100ppm cut-off grade - Includes 10.5 million lbs at 342 ppm U3O8 in M&I Resource @ 200ppm cut-off grade - Includes 6.3 million lbs at 469 ppm U3O8 in M&I Resource @ 300ppm cut-off grade Aura Energy Limited (AEE:ASX, AURA: AIM) is pleased to announce the successful completion of the Tiris Uranium Project Resource upgrade. The results exceeded expectations with an increase in the overall resource to 52 million lbs U3O8, 17 million pounds in the JORC Measured and Indicated Categories, good resource continuity and a contribution from the new Hippolyte South exploration area. "This Resource upgrade has exceeded our expectations in many ways", Aura's Executive Chairman, Mr Peter Reeve said. "Our objective was to upgrade approximately 7 million lbs of contained U3O8 to the Measured and Indicated categories, so the achievement of 17 million lbs has exceeded this by a wide margin providing potential for more than 17 years mine life."

[waterloo01] 19/4/2018 08:28

Taken small initial stake.

[shirley83] 07/4/2018 15:59

It's one of those to get in early and wait

[greedfear] 07/4/2018 14:15

Agreed. Let's see what happens if they seem to be taking serious actions to get a separate listing for their huge vanadium resource. And see what will happen once uranium spot price takes off. The pressure is building up. Last year I've increased the uranium+ part in my portfolio from 20 to 55%. The uranium sector will take off. No doubt. I've never been so sure about something.

[letmepass] 03/4/2018 10:21

We have vanadium.. See BMN... Massive rerate and potential here..

[greedfear] 16/3/2018 09:20

Well that didn't last long. :) Never mind, I'm in this for the 10x, 100x run.

[greedfear] 14/3/2018 14:20

Let me see... it closed 2.9 Aus cents on the ASX. That would be something like 1.63p. Currently doing 1.45p, >10% discount.

[greedfear] 14/3/2018 10:20

The silence... as if nothing is happening. :) GL holders. I’ve added on the retrace today.