RE:RE:Whats the Takeover Price of NXE 1.50 2.00 3.00Even with a low-ball Quakesian-magic-number, NXE is extremely undervalued (and should be in the $2 range even at an undervalued share price). That said, so is FCU (amplified by its DML-anchor on the merger deal). Hopefully the Japan restarts help. Its a giant bear market for all resource companies right now. Look at gold, its been a total slaughter (and buying opportunity).
HighROI wrote: Are we allowed to estimate using unrealistic Quakesian numbers? If FCU is fully diluted at 421,196,992 shares at $5 = $2.1B That translates to $7 per share fully diluted for NXE at 295,904,290 shares. I would say it is a stellar buy here since it is now the largest undeveloped deposit in the basin.