RE:RE:Nexgen mulls stake saleMy goodness, I really hope Nexgen does not sell this undervalued asset on the cheap.
There is going to be great pressure from the majors to JV or to sign onto a streaming or NSR deal for pennies on the dollar. I hope like heck NXE can stay the course and advance this asset that will be worth billions in another 24 /36 months.
It is imparative that NXE maintains a majority stake if not 100% of this once in a lifetime asset.
With the O/S count getting up there they will need to be smart going forward and minimize dilution as well.