Re Great PEAExcellent post Pappy !!! The $65.00 uranium price in the report cannot be far of the current contract price out at the time this mine would be developed. I also noticed nothing in the report regarding the gold . How can 55000 ounces of gold not be in the numbers 55000 x $1,100 US = $60 million US or $75 million CAD.
There is no way the merger will close on the same terms.. Deal will need to be changed or a better offer will show up. With this excellent report, FCU having to pay the break fee is chump change.
I firmly believe some of the producers interested in this deposit are using shares in their 10% holdings to keep the stock price down . Not hard to do when daily trade volumes under 1 million shares.
Those investors who have sold out as stated in recent posts , have made a grave error. You buy low and sell high. Retail investors get this wrong most of the time.