Today’s announcement by Aura Energy has been summarized by www.miningnews.net and I will reproduce their opening statement:<\/p>\n
“AURA Energy is looking for a partner to develop what may emerge as one of the world\u2019s largest and lowest cost uranium mines at its H\u00e4gg\u00e5n project in Sweden following a revised and independent scoping study.”<\/p>\n
In essence AEE has one of the world’s largest uranium resources in Sweden a mining friendly, low sovereign risk country. And at the moment with a market cap of ~$22m it is a bargain. The recent sales of uranium projects, with viable resources have been around $8 – $10 per pound. AEE’s Haggan project is viable, the mineralology and processing flow sheet has been defined and consequently AEE is absurdly under-priced.<\/p>\n","protected":false},"excerpt":{"rendered":"
Today’s announcement by Aura Energy has been summarized by www.miningnews.net and I will reproduce their opening statement: “AURA Energy is looking for a partner to develop what may emerge as one of the world\u2019s largest and lowest cost uranium mines at its H\u00e4gg\u00e5n project in Sweden following a revised and independent scoping study.” In essence … Continue reading “Aura Energy to have one of world's largest, lowest cost uranium mines”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-755","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=755"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}