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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

Comment by goldpoeton Dec 15, 2020 7:01pm
154 Views
Post# 32115037

RE:Horrible communication!

RE:Horrible communication!I've talked with the IR guys at both companies, once the merger is complete there should be 388m shares fully diluted, no warrants, and $25-30m CA cash for acceleratded drilling to prove up additional resources by the end of H1 at the latest.  With a better management team, cash, and cash flow, and the potential for two large low grade open pit mines (one expanding production, the other years in the future), they hope to merge with or acquire another producer sometime next year.  We'll see how this strategy to scale 'pans' out (will Fiore and Northern merge?). 

My comment:  If they find significant higher grade with fhe Ruth Vein, this might mirror the Isabella Pearl mine that GORO is spinning off.  That mine is about to significantly cash flow with increasing grade.

Best to all longs, Poet
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