Post by
BigBlue on Feb 12, 2021 3:05pm
FCU - DML
DML wanted the Fission resource because they knew the value of it. Let's face it, the PLS-RRR deposit will be one of the first deposits to be mined. The question is, by who? I think the whole uranium sector has a lot more upside. Whichever stocks you choose in this space is a personal choice. I currently own 3 stocks that are all in the green today, with FCU being one. I like the resource and I like what the current management is doing. IMO, there is a lot more upside to come for fission.
Comment by
GovernanceQP on Feb 12, 2021 3:12pm
So you're happy with the offtake agreement which eventuated post merger fail? Is this not a fail too? The market says it is.
Comment by
Uraniuman308 on Feb 12, 2021 4:10pm
sorry BigBlue..between DML and NXE, FCU will be the last. Look at the latest presentation, 6 years for a production decision. In my estimate mine development would take 6-8 years after that. DML can be in production with the ISL mining method in 3 years. JMo