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Bullboard - Stock Discussion Forum
Fission Uranium Corp
T.FCU
Alternate Symbol(s):
FCUUF
Energy
Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized...
trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.
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Bullboard (TSX:FCU)
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(1558)
•••
KozmoT
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Post by
KozmoT
on Jun 24, 2024 11:11am
Taken out for $1.30 ?
Seems awfully low. I know technically we still, as Paladin shareholders, would own roughly 25% of the deposit but would rather an obscene amount of $$ in my pocket and move on to the next one.
...more
(16)
•••
SidelineSam
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Comment by
SidelineSam
on Jun 24, 2024 11:04am
RE:RE:RE:Globe & Mail
To U308 - Of the termination fee, what might be those 'certain circumstances'... that impact the materiality of the transaction's FMV, etc...
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(1558)
•••
KozmoT
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Comment by
KozmoT
on Jun 24, 2024 11:03am
RE:Buyout
Hathor maybe? I owned a bunch of that and made a killing but remember the buyout was still cheap compared to what the deposit was worth.
(32)
•••
Uraniuman308
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Comment by
Uraniuman308
on Jun 24, 2024 11:01am
RE:RE:Globe & Mail
A termination fee of C$40 million ( A$44 million ) 8 is payable by Fission to Paladin if the Agreement is terminated in certain circumstances.
(16)
•••
SidelineSam
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Comment by
SidelineSam
on Jun 24, 2024 10:42am
RE:Globe & Mail
What is the break fee?
(32)
•••
Uraniuman308
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Comment by
Uraniuman308
on Jun 24, 2024 10:23am
RE:RE:Globe & Mail
With the exorbitant break fee it's obvious management wants this to go through, I wonder why LMAO!
(32)
•••
Uraniuman308
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Comment by
Uraniuman308
on Jun 24, 2024 10:11am
RE:Globe & Mail
Didn't someone post a target of 2.70. Stripping out the cash, what is Paladin actually paying for the deposit and since this deal had to have been in the works for some time, why the need for the
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(233)
•••
Impalaman
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Post by
Impalaman
on Jun 24, 2024 10:01am
I'm betting--NXE---is going to buy FCU---
This week--with a 10% higher bid----=with some cash in the offer----I'm wondering why that almost 300 million PP was for a while back---hhuummmmm-----PLN-australian-----Nxe---CEO---australian
...more
(15)
•••
Snowbank1
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Post by
Snowbank1
on Jun 24, 2024 9:53am
Buyout
I tried to figure out over the last few months who got bought out for $4 lbs many years ago, I googled everything but have had no luck in the past. I have voted no in the past and will do the same
...more
(16)
•••
SidelineSam
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Comment by
SidelineSam
on Jun 24, 2024 9:47am
RE:RE:RE:PDN gets FCU for $10/pound
At $10/lb its a steal of a deal, esp with the forecast of $95 for October 2024.
(19)
•••
hiram_key
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Comment by
hiram_key
on Jun 24, 2024 9:38am
RE:RE:RE:PDN gets FCU for $10/pound
Don't take it personal....what I think is my business.
(25)
•••
ToadyToadman
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Comment by
ToadyToadman
on Jun 24, 2024 9:34am
RE:RE:PDN gets FCU for $10/pound
Like everyone. a better deal. I know you have been here a long time. Are you happy with this deal?
(19)
•••
hiram_key
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Comment by
hiram_key
on Jun 24, 2024 9:31am
RE:PDN gets FCU for $10/pound
What are you doing here?.... what are you looking for? LOL
(25)
•••
ToadyToadman
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Post by
ToadyToadman
on Jun 24, 2024 9:22am
PDN gets FCU for $10/pound
of indicated. Includung inferred and probable it is less than $5/pound. This is what the sector is willing to pay for an explorer right now. Doesn't look good for any of them going forward. Adjust
...more
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