RE:RE:RE:RE:RE:Nexgen energy takeover bidThat is always on the cards with companies like this. To buy it out would require a very generous offer. I have an inkling that Rio would like a slice or NXE...or the whole thing. Or perhaps BHP Billiton. Don't think CCO is in the market. Rio and BHP have deep pockets. Rio appears to want to stay in the U business but its Australian enterprises (ERA) are not going to produce for much longer and the Ranger 3 deeps mine is not going ahead. My bet is NXE will go it alone with Li Ka Shing as its main backer but a Rio - LKS partnership cannot be ruled out either.
But it is not going to go up for sale cheap...especially if the PEA is good.
We shall see.