RE:RE:RE:RE:RE:RE:RE:RE:one million bought at 9:37am Thats possible Greenday. Aren't all uranium plays "all in" I mean every company I follow (Uranium) is basing their future on an improved uranium market.Nexgen is no exception. I have an exit strategy based on certain criteria that needs to happen over a period of time. If I don't see these things happen I'm gone. The nice thing is NXE has the cash to aggressively drill and complete the feasability study. I wouldn't be suprised if they come out with news that will confirm even more their intent to go into production.Time will tell.
Greenday wrote: @ shrink - It seems unlikely that NXE would raise money with issuance to retire it's debenture in 2022. My guess is that they would roll it over and borrow more as necessary. One would also think that the interest payments on the debenture have influenced the size of the drilling programs. To a large extent the borrowed money puts NXE all in on the timing of a recovery in the price of uranium.