OTCQB:UEXCF - Post by User
Post by
mangoeon Jun 18, 2022 8:32pm
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Post# 34767122
The Cushion🙏
The Cushion🙏10,000 UEX shares x 0.34 = $3,400 cad 10,000 UEX shares x 0.0831 = UEX 831 shares UEC share price $3.33 x UEX 831 shares = $2,767.23 usd convert to cad = $3,607.07 A little bit higher price than 43 cents could serve as a cushion if UEC share price dip under $3+ buck a share (come to think of it this might be the best time to do this deal in this inflation fear over selling of stocks, because of the huge upside potential & UEC have less shares than Fission & Denison) UEX CEO Roger the Rabbit could turn out to be a genius afterall. Like a previous poster say UEC could go to a $1.00, yes & no, Yes! with a nuclear accident but all uranium stocks would go down temporarily, including UEX without this deal. No! it will not go to a $1.00 because of the small amount of shares in the Company 280 million shares & great uranium property & after this deal completion they will dilute only 13.7 of UEC outstanding shares, that will put them just over 300 million shares in the company, plus UEC 52 week low is $1+ a share & 52 week high is $6+ a share. - UEC maintains its strong balance sheet with over $180(2) million of cash and liquid assets, with no debt, supporting production readiness and its ability to advance a strengthened project portfolio