RE:RE:RE:RE:RE:RE:The SP tells it is a bad deal!LOL Pamp,
We all knew you would come up with something negative to diss the deal with.
They will have lots of money in the treasury to explore & grow the deposit. Nexgen will have to do several more financings to get to where Fission is.
PamplonaTrader wrote: I was generally positive on the strategic investment as well until the terms of the offtake were known. FCU mortgaged its future by entering what is essentially a streaming agreement to sell 20%-35% of future production at a discount to spot.
HighROI wrote: @Sudzie
I am feeling fine. I am all about the truth and the truth is this was the best thing for Dev to do. A low ball financing with warrants put FCU into a death spiral even though this was not the price he had in mind. I still think Triple R is a steaming coil. That has not changed. Maybe with some of the $80 + m a real project can be made of R600w or another land discovery can be made.