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Bullboard - Stock Discussion Forum Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the... see more

TSX:FCU - Post Discussion

Fission Uranium Corp > Seeking Alpha Article
View:
Post by Uraniuman308 on Jul 16, 2023 10:26pm

Seeking Alpha Article

Seeking Alpha article,
"However, the main concern with the project is the large initial capital cost of C$1,155M.......we are looking at a significant dilution to existing shareholders...."



https://seekingalpha.com/article/4617333-fission-uranium-no-doubt-cheap-but-possibly-for-a-reason

Comment by Uraniuman308 on Jul 16, 2023 10:32pm
Ross needs to put on his big boy pants and do what is right for existing shareholders - work out a deal with NXE or sell to another party. JMO
Comment by Uraniuman308 on Jul 16, 2023 10:37pm
share consolidation is the first step toward this massive dilution...JMO  
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