GREY:CTPMF - Post by User
Post by
terrytibbzon Oct 17, 2008 8:53am
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Post# 15531060
Aura Energy JV
Aura Energy JVAura Energy an ASX listed explorer have just signed this deal:
https://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=AEE
Their licence are next door to CZQs and this deal implies a value of AUD$766m for a JORC inferred status of Aura's alum shale licences. Given CZQ's licences are more advanced and much larger and more prospective I would suggest they are worth a multiple of that amount. Puts the value of CZQ into perspective at any rate!