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01/04/18
18:16
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Originally posted by RiskyBusiness
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It's an exciting time - hopefully Sweden starts looking at Haggan as a nationally significant strategic resource. With a CAPEX cost of 500m and in ground value of 250bn even if CAPEX went up a bit to address any environment concerns (to an even higher standard) it would still be viable.
It's obviously depends on OPEX as well but with a higher CAPEX it would hopefully be low with very good returns for both Sweden and Aura investors.
I'm hoping for a steady rise, hopefully setting a new base at 4/5c in the short term. With gold licences coming and the DFS at Tiris it could settle around 7/8c and as we more to IPO "Haggan Batteries" if vanadium prices keep marching to $20 per pound we will be hopefully looking at 12/15c which will allow us to raise capital to pay for further work on Haggan but also the low CAPEX develoomede of Tiris as uranium prices start to rise - soonish.
Medium term if Tiris comes on line, we start finding some gold and Haggan progresses to PFS/DFS stage we could easily be looking at 50c/75 by 2019/20.
Longer term with Haggan who knows, but I'd hazard it would be well past the dollar mark.
All in my opinion. GLTAH.
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I agree
Only way is up !