RE:RE:I wish the QuacksterIt certainly doesn't have anything to do with NXE or the PEA. I haven't seen the nexgen sp move the needle much these days. They will need to publish a 43-101 before any real interest.
As for the PEA, RPA is a very respected group with lots of experience and expertise. I would certainly put my confidence in them vs. 1 person.
I will agree with you on the sluggish U industry. It will improve. All of the new reactors require fuel.
wannabeinvestor wrote: I am with you re cost cutting at FCU. Dev should cut back on or abolish his pay completely. He owes it to his shareholders for this DML fiasco.
In my opinion the main reasons why FCU has not recovered following the proposed DML deal are the following:
- NXE's phenomenal results at Arrow, it's stealing Triple R's thunder and very likley will be the first to be bought out;
- Investors distrust Dev in light of the merger with DML;
- capex estimates in the PEA are questionable, especially that of building the dyke, so FCU needs to find a way to make the PEA appear realistic;
- The uranium market remains sluggish - while the miners keep bragging about the prospects in China, India, and emerging markets, fact is that in markets with an established nuclear industry, falling power prices are leading to plant shutdowns