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UEX Corp UEXCF



GREY:UEXCF - Post by User

Comment by stockrook86on Jun 22, 2022 9:59pm
102 Views
Post# 34775931

RE:RE:RE:RE:RE:Cameco

RE:RE:RE:RE:RE:Cameco

It's possible, but I think that might be a dated sharecount from their last filing when they stopped being an insider. At least in their Q2 2021 financial statements it shows no holdings, if you use this link and go to page 34 you can see they dumped all their juniors. https://s3-us-west-2.amazonaws.com/assets-us-west-2/quarterly/CCO-2021-Q3-MDA-FS-and-Notes.pdf


This move on their part is my one concern that they might not be a bidder for UEX, or really any other juniors. Of course, I think it might just be a case of poor
llanning and left hand not knowing what the right is doing, they probably made a strategic governance decision to divest of all minority holdings in 2020 and then just dumped. Doesn't mean that now when they are forced to choose if they want UEX assets they won't take a look now, especially as when they sold in 2021 this was pre JCU and they know have a 15% share in Millenium.

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