RE:RE:Surprised......but NOT surprised!Good day to you Mr. Greenday....
Greenday wrote:
@mrmomo - Also surprised that it was PDN to make the move. Thought that NXE would have made a stock offer to consolidate the region.
Yep that was MY thinking & assessment as well. The addition of Fission's assets ....imo.....would have greatly increased the metrics, feasibility & profitability of their own operations. But it's still VERY early in the game...and if the BREAKOFF fee is low enough..... and NexGen ismotivated & willing enough.....they might still have time to counter. And btw, there will be NO ONE else in the running FCU besides them. So it's going to be either NexGen or Paladin ....and that's it!
IF NexGen fails to put ANY offer on the table for Fission, this tells me several things about NexGen themselves....and their OWN intentions in the sector ...& for the company. And the most critical one being...that they TOO....would be up for sale at one point at a CERTAIN price with no willingness, intentions or plans to buildout anything on their own. Without at least some HELP froma major or an outright sale to someone like Cameco or some other foreign uranium giant.
That's my take on the whole situation.
GLTA