RE:RE:RE:RE:Nexgen mulls stake salePower4Play wrote: PumplyCrockford, I wouldn't even bother with dilution my friend. If they wanted to raise 50MM$, how many more shares it would add on the top of those 300MM shares count with a SP of let say 5$ or 10$ ?!?!
That makes only 5 to 10MM shares to issue, not a big deal of a dilution.
They might apply for a listing on the TSX very shortly IMO.
But at this point with such money in bank, plenty of time to make of the company a giant then comes a partial buyout as stipulated into ''Nexgen mulls stake sale'' for instance. That won't be a ''gift'' for the partial buyer you can bet on that!
Power Play,
All great points. I would hate to see any part of this world class asset farmed out to anyone until NXE has atleast achieved a $5 to $7 dollar price range. Then the talks can begin for a very small portion.
Management would have to be fools to let this go for pennies. I don't think they are fools.