Nice situationRPA one of the most respected uranium consultants is now working for both NXE and FCU.
So the potential big takeover folks can take RPA out for dinner and get even more detailed analysis of the resoults and potential.
That is a big plus for both companies going forward.
For example, RPA can be asked to scope out how shared cost facilities benefit both companies and increase the profitability.
RPA can bring in the cengineering firm and the construction firms who did DIavik and the dyke portion of the FCU PEA and further explain the feasibility.
Of critical importance is how to blend the ores to avoid the cost and complexity of a high grade mill.
At the mining rate that was envisioned in the FCU PEA, giving it a life of 14 years production, we now possibly have a mining life that extends beyond 25 years. So this is more or less a blockbuster overnight new reality. THis is now a major big potential employment opportunity.
One of the very essential things now in the works is discusions on the government assistance with putting a power line into the area so as to avoid using diesel generators.
Lots of things now to be considered as both FCU and NXE drill off and expand resources for a NEW WORLD CLASS PATERSON LAKE MINING area, notice the caps, lol