Aura Energy AEE

[ScrappyO]

Uranium explorer..
84,000,000 shares on issue
market cap $11million

A little bit of detail from last years annual report.........
Aura holds 100% of the Storsjon Project in Sweden where a one billion pound U3O8 resource
is being targeted in the Alum Shale. On the adjoining ground, a Canadian Company listed on
the TSX has an Inferred Resource of 1.04 billion pounds of U3O8.
· Aura holds 100% of the Wondinong project in WA where there is an Inferred Resource of 7
million pounds of U3O8 using a cut off grade of 100 ppm U3O8.
· Aura, in partnership with AIM-listed GCM, jointly holds 100% of the Requibat uranium
discovery in Mauritania where current exploration seeks to test a target potential of 50 million
pounds U3O8.
· At the Fai project in Mauritania, Aura, in partnership with AIM-listed GCM, is assessing an atsurface
uraniferous gravel deposit which is potentially amenable to low-cost mining and
processing.


Anybody holding....Looks like the next few months could get interesting. Drilling and results etc.

Disc: not holding yet

[ScrappyO]

Nice rise this week.
Volume picked up today.
Looks like this could move in a hurry if the result from Mauritania comes in trumps.

Disc hold

[ScrappyO]

Good rise today..up 25%
Still waiting for the results from Mauritania and AEE's SP could jump on CZQ's coat tales in Sweden with the Storsjon Project.
CZQ are waiting on a PEA so April is looking bright.
http://www.resourceintelligence.net/continental-precious-minerls-prepares-pea-on-one-of-the-largest-u-deposits-on-earth/7769

[ScrappyO]

Having a go at adding a chart.
Needs to break 25cents by the looks of it.

[denpal]

Great ann. today on their second major project, in Mauritania. Excellent at surface grades from calcrete uranium deposit over wide areas, around 400ppm which is great.

Their Swedish uranium project is one of the Top 10 sized deposits in the world. Lowish grades but has by-product credits and very uranium-friendly jurisdicture.

I see big things happening with Aura which of course is a spin-out from Drake Resources which I bought some years ago during the last U boom to get in for the Aura IPO.

I hold.

[JBmurc]

Added a few AEEO today .... watching report on U308 supply issues from Russian factor in play to ongoing demands... U spike coming 2023??

AEE have one HUGE U project ..