Aura Energy Ltd · ASX:AEE
Aura Energy — Shareholder Meeting (November 2010)
11 slides from Aura Energy's shareholder meeting presentation, Nov 30, 2010
Slide 1: Drilling delivering on strategy – Annual General Meeting
For personal use only “Drillingg deliveringg on strategy” gy INVESTOR “DeliveringPRESENTATION On Strategy” Annuall Generall Meeting Bob Beeson Managing Director November2010 June 2010 1
Slide 2: Now drilling on 3 continents
Now drilling on 3 continents For personal use only Sweden Africa Australia 2
Slide 3: 2010 Achievements
2010 Achievements For personal use only • JORC compliant resource for Häggån • Positive results from metallurgical work • Exploration Manager appointed • Greenfields discovery of uranium province in Mauritania • Acquired 100% of key projects & additional projects ownership & acquired assets • Raised
Slide 4: Aim to meet growing uranium demand
Aim to meet growing uranium demand For personal use only • Global uranium demand growing & expected to double in 5 years • Future......134 13 planned l d reactors & 300 proposed d reactors • Uranium price moving currently US $60.50/lb Finland x 1 Russia x 8 Canada x 2 Korea x 6 Japan x 4 France x 1
Slide 5: Resource in Häggån, Sweden
Resource in Häggån, Sweden For personal use only • Aura 100% ownership • 291 million pounds U3O8 in Aura’s initial resource grade ‐ 162ppm U3O8 • Molybdenum, nickel & vanadium p co‐products add p potential value • Only 5% of permit drilled • Near surface low cost mining • Initial conventional leachi
Slide 6: Huge Resource Potential
Huge Resource Potential For personal use only R k Rank P j t Project C Company Mlb Mlbs G d (%) Grade L ti Location 1 Viken Continental 1047 0.02 Sweden 2 Elkon ARMZ 705 0.12 Russia 3 Cigar Lake Cameco/Areva 352 18.2 Canada 4 Imouraren Areva 350 0.11 Niger 5 Jabiluka ERA 343 0.46 Australia 6 Itatira
Slide 7: Reguibat, Mauritania rapidly advancing
Reguibat, Mauritania rapidly advancing For personal use only • Reguibat craton expected to be major emerging uranium province • Increased ownership of projects plus acquired JVs • Drilling of 392 holes confirmed discovery of significant new uranium field • High grade potential • Supports exploration
Slide 8: Next Steps - Mauritania
Next Steps ‐ Mauritania For personal use only • Reguibat target very competitive on size andd grade d • Only a small proportion of anomalies tested • New anomalies identified in recent geophysical survey • Resource drilling to commence late November • Bedrock yet to be tested • Aim to release JORC c
Slide 9: Aura Upside Potential
Aura Upside Potential For personal use only • Opportunity O t it ffor share h price i growth th as A Aura continues ti tto achieve hi it its ttargets t • Peer comparison indicates undervalued 9
Slide 10: Continuing to deliver
Continuing to deliver For personal use only 9 News continuing on two key projects: – second stage metallurgical test work on Häggån project – scoping study preparation on the way for Sweden – resource drilling commenced in Mauritania – JORC compliant resource on Reguibat tenements 2nd qtr 2011 9 Hig
Slide 11: Disclaimer
Disclaimer For personal use only This presentation has been prepared to provide information on Aura Energy Limited’s Limited s projects. It is not intended as an offer, invitation solicitation or recommendation with respect to the purchase or sale of any securities. This presentation should not be r