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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.


TSX:NXE - Post by User

Bullboard Posts
Comment by PamplonaTraderon Oct 17, 2015 4:29pm
161 Views
Post# 24201722

RE:RE:43-101

RE:RE:43-101
ILUVDIVIDENDS wrote: It will remove the rampant speculation and torpedo share price.


Rampant speculation?

FCU:

396.7mm shs (O/S + in the money options) * $0.70 =  $277.69mm mkt cap
$277.69mm mkt cap - $4.5mm cash = $273.19 EV
$273.19 / 105.5 mm lbs U308 = $2.59 / lbs U308

NXE:

297.2mm shs FD * $0.76 = $225.84
$225.84mm mkt cap - $20mm cash = $205.84 EV
$205.84 EV / $2.59 = 87mm lbs U308


With a monthly burn rate of over $800k, how much of the $10mm (as at 3/31/15) do you suppose FCU has left over?  I bet you'd like to take back the $3mm Dev gifted to $FUU...  You can count on more dilution.  You'll see sub $0.50 hit the tape sooner than later.

Idiot FCU bagholders should go back to the FCU BB where they keep the rest of the slow kids.
Bullboard Posts