RE:RE:Exit Strategy?
Well said LoneStar1 and toriddog; my thoughts exactly. My question is: how big a boost in price/lb U is reasonable, compared to Hathor (which I missed out on), given the shallower depth at PLS? A lot of the analysts gave quotes based on $8/lb for example. I thought Hathor got something like $11/lb. Am I misinformed? If it's X dollars/lb cheaper to mine as an open pit, what % of that saving should FCU expect? Half? Less or more? I'm asking for my own education.
Like some others I swapped the DML shares for FCU after the last spinoff deal, and kept buying FCU when opportune. Nice to be lucky for once. The beauty of waiting for Dev to sell is that his interests are aligned with ours by virtue of his owning shares and options of the same thing we do. There's no guesswork to waiting for the right offer or bidding war.
Here's to a great Monday! GLTA