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Nextera Energy Inc V.NEE


Primary Symbol: NEE Alternate Symbol(s):  NEE.PR.R | NEE.PR.N | NEE.PR.S | NEE.PR.T

NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER) and Florida Power & Light Company (FPL). Its segments include NEER and FPL. FPL segment is a rate-regulated electric utility engaged in the generation, transmission, distribution and sale of electric energy in Florida. FPL has approximately 33,276 megawatts (MW) of net generating capacity, approximately 90,000 circuit miles of transmission and distribution lines and 883 substations. The NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada and also includes assets and investments in other businesses with a clean energy focus, such as battery storage and renewable fuels. It also owns, develops, constructs and operates rate-regulated transmission facilities in North America.


NYSE:NEE - Post by User

Post by arh0070on Dec 10, 2020 11:48am
161 Views
Post# 32076981

NEE/Eclipse

NEE/Eclipse More good drilling results today .If you go and look at the maps of location of best holes I am not sure it can be reach via extension of the open pit .Mr market has not reacted well to the merger with Eclipse .Personally I would have preferred for NEE to just keep producing gold ,running the mine efficiently ,accumulating cash and paying off debt .i think they have moved too fast and it will result in more dilution .Eclipse retail investors have also lost in this deal .As far as I can tell the only winners will be the insiders at Eclipse who bought the deposit which they are exploring and presumably got very cheap shares  prior to the listing of Eclipse a few months ago .They have had a big payday at the expense of retail investors in NEE and Eclipse .Long term this deposit may become a mine using Nortern Vertex cash flow .Personally I would have preferred for NEE to try and acquire the Bruner mine ,This is owned by Canamex ,which is currently not trading and is probably essentially bankrupt .Probably could have got the Bruner for a song .The royalty on the Moss mine and the Bruner mine is owned by PGOL which I also own .So these new drilling results from NEE today is good news for them also .
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