RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NXE's Debt
I completely agree with Malcolm. Likely they could even do a one of or a combination of a JV, a uranium stream agreement and/or a debt deal. That's the way the gold market works. Lundin Gold just did a large financing and streaming deal on Fruta Del Norte for instance. The price of uranium will likely be $50+/lb and they will probably have 400 million ounces indicated before that will happen. Not sure I've ever written these words but this is a 10 year investment with 10-20 bagger written all over it. At $50+/lb, producing 3-5 million pounds of uranium a year, these guys will be literally printing money for 80 years. Makes me think of Northern Dynasty if they get a green light on permits (and find a jv partner). Pebble officially has an 80 year mine life and is still open at depth.