RE:RE:RE:RE:RE:Eastern Athabasca Projects (Radio, Thorburn, 2Z etc)Forgot to add... This slide from Garrett's presentation last month gives some credibility to my speculative post back in November of last year:
PamplonaTrader wrote:
$10mm to earn in to Radio by 2017. NXE shareholders would revolt $10mm were wasted on Radio instead of Arrow.
Spin out makes the most sense. Then shareholders can decide whether they want to participate in the Radio option or if they would rather concentrate exposure on Arrow.
Mgmt has denied any interest, but I've asked them to look into PTU's Hook. I've previously speculated on the possibility of a sandstone source to the N/NW of Arrow...
Screen shot below:
and..
https://www.slideshare.net/Adnet/nexgen-energy-ltd-presentation-39942277
teevee wrote: preparing for a spin out, and for a hostile takeover attempt both make sense. Just the cost of land retention
on NXE's extensive holdings brings with it dilution and a distraction from focusing on Arrow, so a spin out
makes sense. Given the success at Arrow, a hostile offer appears probable at some point in time, so hiring
a QC with experience in this area will help extract maximum value for shareholders. Note that it takes at
least two bidders to get the best possible price.