RE:RE:RE:If You Have Any Brains At AllAsk yourself WHY Nexgen had to go the 'debt' route to finance? Any company in the world could get the deal that Nexgen signed. If the discovery & grade & growth is that good, why were there not multiple producers lining up to do an equity deal.....at a premium?
DYODD
Rulingmining wrote: I am sorry, I see you guys coming onto the NXE board and saying Fission is better than NXE and that Fission is going up and NXE is going down, but without every even trying to say why. So why would anyone even listen to you? A think everyone should know here about value. All the analysts are making huge estimates. They say things like the average takeout price of ore in the ground is $5.00-$5.50 per pound. Like any multiple, only dummies apply those multiples directly without adjusting. Prices for uranium are week so multiples would be lower. Higher grade should get a higher multiple Basement hosted should get a higher multiple Under a lake should get a lower multiple Too deep would be a lower multiple Indicated vs Inferred should be a higher multiple. Having excess cash should be a higher multiple Having a PEA should be a higher multiple Having a pre-feasibility study should be a higher multiple Having a feasibility study should be a higher multiple. Having confirmed off-take agreements could be a higher multiple If you have permitting a higher multiple. All to say things are not necessarily comparable. You may think FCU is worth more, but it is at a further forward stage than NXE, It has Indicated ore and a PEA. NXE does not, but that only means that NXE has more upside and will sell at a higher multiple when it transitions its resources to indicated and does a Pre-Feasibility for next year. Not to mention all the high-grade ore, which continues to grow.
Utrader wrote: I agree. Fission is the best in the U sector right now.
classact wrote: You would sell NXE and buy FCU. You will be able to buy NXE for less than 50% of what it's trading at today. Wait and see.