SAYINGS OF THE CHAIRMANDev Randhawa:
"With Fission, we never start brand new uranium companies, we take the same one, split it, split it, split it. Fission Energy made Fission Uranium which made Fission 3.0. You want to be your own brand. That brand is important. People know what they get with Fission.” Do we? So no paradigm shift? Well, what is it?
"I've spent $9 million in Papua, New Guinea, I'm not about to walk away from that, believe me. I have no interest in getting rid of mining, but there's a big opportunity here we'd be stupid not to explore." Yes, Dev, we'd be stupid (like Hathor) to pull the rigs on Triple R prematurely, wouldn't we?
"Every time a bad guy does something, good guys have to spend a lot more to do it right. I have a fantastic lawyer and I do what I say. My reputation is far more important to me than it is to most people. If investors lose confidence in that reputation, I can’t make deals, so if I say my company is still a mining company, it’s a mining company.” In April 2014 McQuarrie initiated coverage of FCU at $1.22, recommended it, and estimated NAV of $2.87 per share (at the time 332 million outstanding). Analyst resource estimates then were 50-60 million lbs. Over a year later you released an estimate nearly double that but the SP has since contracted. What happened? Look forward to answers in your Monday blog.