Resources Top 5: Uranium stocks hit the bourse with a bang

Resources Top 5: Uranium stocks hit the bourse with a bang


Long-suspended uranium stock Aura re-joins the ASX with a bang in morning trade

Small cap explorer Adavale also re-joins the uranium rush

Miramar hits gold, Kingsgate eyes mine restart Here are the biggest small cap resources winners in early trade, Thursday September 23. This long-suspended uranium stock has re-joined the ASX with a bang in morning trade, potentially egged on by pump and group groups .Aura’s focus is the advanced ‘Tiris’ project in Mauritania, which the company calls “one of the most compelling uranium development projects in the world today”.The company says it has executed an offtake agreement for the project, with financing discussions currently advancing.Highlights of recent DFS include low start-up costs of $US74.8 million and a low All-In Sustaining Cost (AISC) of US$29.81/lb – well below current prices.Vanadium by-product recovery may lower costs further, Aura says. Small cap explorer Adavale has also re-joined […]

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