RE:RE:RE:RE:RE:RE:RE:RE:RE:The ScriptGreenday, there is no doubt an off take agreement with an end user would be of value, but only if you were taking a deposit to the development stage. Nexgen is not at that point yet. If the rumours are true then Nexgen already has multiple contracts that could be signed today if they wanted, but I don't believe anything unless it is in writing. How would a merger even work? Would Fcu shareholders get one Nxe share for every 4 shares of FCU, or something like that? Rio made $11 B last year, BHP $7B, there are companies that have the means to take one or both of Fcu or Nxe out.Li Ka-shing is worth $ 37B, he is invested in utilities/energy among many other things. There is no reason he couldn't finance Nxe on his own. It's even possible that CGN could partner with him and Nxe without including Fission. These are some of my thoughts anyway. I expect that once the RE and PFS come out for both companies that their respective paths of development will become clearer.
Greenday wrote: @ shrink - Rio Tinto could always swoop in and do something. CGN is the key player imo though. CGN is the end consumer for the uranium - the customer. Having a customer to buy product when a project is completed reduces risk and makes it easier to commit to a project. CCO imo would likely have an inside track on Rio Tinto because it's already established in the basin - nothwithstaning RIO Roughrider deposit - and CCO and CGN have already committed to cooperating on greenfield projects.