Rover you are killing me...lol. keep up the great humour.
I have an idea that will solve the water and transportation issues for NXE in their next PEA. You may find it is the most economically viable.
If you are that deep in the earths crust just keep digging why stop....all the way to China. When you reach China the water should drain and you end up with a direct route to the end user.
This option may come out in the new PEA as the cheapest cost...What do they say about the shortest route from one point to another?
Rumour has it Jermey Ross is going to work for Nexgen to raise massive monies to both pay off that $60M USD loan as well as much needed cash to fund the sinking of a shft to continue drilling on the Arrow deposit per CF Robby Changs note March 6, 2017.
The shaft $100M plus is going to have to deal with copus amounts of water pouring in from the athabasca sandstone that smothers the Arrow deposit. Nasty stuff.
Sure the Nxe PEA will have to address this in the design basis for the Arrow Facilities and include whether to go big or cheap in the shaft design as a pre-investment....sure sounds like a ground freezing sytem will be needed so the drillers dont drown.
ROIHunter wrote: Good question why?
All his options were out of the money except for 800,000 at $0.85 cents as of Novermber proxy. That makes them worth about $16,000. So he might have left some money on the table, or he could have sold those, that is not yet clear but will be shortly. He made $122,000 in cash fees for being a director last year. The guys linkedin picture puts him at about 30 years old, so that is a pretty good salary to walk away from. He seemed a bit of an odd pick for a director, so maybe they got rid of him, I can't see where he adds much value. He could be sick or have personal issues. It could mean nothing more than he had to go for some reason specific to him or it could portent some bigger problem. He is also a director on Fission 3.0 and a few other small listed companies, should watch those and see if he resigns there also, then it it definitly some personal issue. If he does not but stays at 3.0, then maybe mgmt wants to bring in a heavy hitter for some purpose, takeout etc. No reason to panic thats for sure.