Merger Well, a merger with STM makes a lot of sense... I was thinking about that last weekend while going over STM's comprehensive portfolio of properties in the US. They are "one of the largest holders of uranium in the US." Their Roca Honda project is huge, with high grades, only $24/Ib operating cost.
But will the market like how the deal is structured. CEO Stephen Antony has impressed me a lot, rapidly making EFR one of the major U companies in the US... but the dilution is an issue. Let's see what the market thinks after everyone has digested the news...
Simply