Rock Yarns: Aura Energy set to benefit in a big way if the uranium price booms
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Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast.
In this episode Peter chats to David Woodall, managing director & CEO at Aura Energy (ASX:AEE).
Aura Energy is an Australian based minerals company that holds the near-term production Tiris Uranium Project in Mauritania and the major polymetallic Häggån Project in Sweden.
The Company is focused on the development of the Tiris Uranium Project in Mauritania which recently announced a major resource upgrade to the global MRE. An Enhanced Definitive Feasibility Study (EFS) released earlier this year confirmed robust financial returns based on a 150% increase in annual production from 0.8Mlb U3O8 to 2.0 Mlb pa U3O8.
Earlier this month New York fund managers Leigh Goehring and Adam Rozencwajg flagged that, as quickly mobilised spot volumes become scarce, speculators could use the Sprott Physical Uranium Trust (SPUT) to push yellowcake prices sharply higher.
Tune in to hear Peter and David discuss the company’s Tiris Uranium project, exploration, development and more.
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