RE:RE:RBC Capital Markets reports on NXEAccording to Doug Beattie, sinking a shaft would speed up development by about 2 years since they are not waiting for the feds to approve the entire package. Travis McPherson says Kazatomprom is seeking a US$14 billion market cap on a 100% basis for production of about 26 millions/year.
Assuming the NXE share capitalization doesn't increase, and a similar production rate, achieving a similar U$14billion market capitalization would make for a target of about $US36/share. Once a production decision is made, the market should discount at ~8%. bull_man wrote: price target $5.00; upside scenario $10.00 according to RBC; three times what it is now; i'm good with that; with a violent bull market, it could go even higher.