Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Post by lumpy13on Mar 27, 2018 6:40pm
126 Views
Post# 27790651

NSU 2017 Financial Results posted

NSU 2017 Financial Results postedThis is the link I had to connect to the Financail Statements (and will hopefully work for others):

https://www.sec.gov/Archives/edgar/data/919991/000147237518000033/exhibit99-2.htm

A few preliminary observations:
1)  YE17 cash declined from $200m at YE16 to $125m.  
2) Net loss was $99m with roughly half due to impairment charges on Bisha.
3)  Less than 10m stock options, at exercise prices higher than the current stock price.  Management needs to perform to get rewarded.

Just a lot go good dettail to sift through and I look forward to the observation of others.
<< Previous
Bullboard Posts
Next >>