RE:RE:RE:RE:Fission Uranium remains in most viewed on StockhouseOnly reverse split will be coming is from Nexgen. They will need to reach that min $4 USD per share for a nyse listing. Or, possibly buy out DML to get their place, consolidate the total 1B shares. That way both can lose those current names. Yuk.
No chance to get it done in the first half of the year per old smokey Curvers.The CEO of Western Uranium has recently commented that a US big board listing take over a year given history / reporting requirements needed...Nxe has no EDGAR filing.
Just Curvers running off at his pie hole again; some others $43/lb U3o8 profitable @ Arrow, Nxe is a Uranium producer, Arrow U grade will go up on RE revision, Harpoon MASSIVE, VISIBLE, OFFSCALE URANIUM.
All just smoke.
shrink wrote: No answers huh Rover, I kind of figured that. How's that reverse split coming? Another year maybe? Tic toc tic toc.
Rover90 wrote: Looks like Nxe cash burn rate for Jan/Feb 2017 is approx $6M per month. Wow. Add to that drilling for only 1/2 the month of Jan. May have missed in the Financials the restricted cash portion of that $60M USD debt @ 7.5% interest....ouch.
Thinking with the shaft Robby Chang mentioned for underground drilling Nxe will be out of cash soon or, maybe they plan on a shutdown on drilling soon? That should take them to production as old smokey said.
Would think that 100M unmineable / garbage U3o8 lbs might be an incentive to keep going.
Garbage lbs equals garbage stock?
shrink wrote: Your funny Rover, it's taken Fission twice as long to drill half the resource, less than half if you count inferred pounds as Nexgen. This at a cost of 35% more shares as Nexgen, and your talking about most reads on a bullboard. I read Herman comics, they're the best they make me laugh. Same reason why i come to the fission board. By the way it would be cool to see your answers to my questions.Greenday wouldn't answer them on the NXE board.