Mega Uranium Ltd T.MGA

Alternate Symbol(s): MGAFF

Energy

Mega Uranium Ltd. is a Canada-based mineral exploration and development company. The Company is focused on the acquisition and exploration of uranium prospective properties. It has exploration stage mineral resource properties in Queensland and Western Australia and investments in uranium-focused companies. It also holds interests in junior and medium-sized uranium exploration and development companies, royalty and diversified uranium holding companies, and its own exploration and development projects. The Company’s project is Maureen Uranium-Molybdenum Project, which is located approximately 32 Kilometer (km) away from the small regional hub of Georgetown, located in Northern Queensland, Australia. Its subsidiaries include Maple Resources Inc.; Uranium Mineral Ventures Inc., Mega Georgetown Pty Ltd., Mega Hindmarsh Holdings Pty Ltd., Mega Redport Holdings Pty Ltd., Monster Copper Corporation., Nu Energy Uranium Corporation, and Northern Lorena Resources Ltd.

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Mega Uranium Ltd > NXE hitting new highs

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Comment by dogatcaton Mar 26, 2024 10:22pm

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RE:RE:RE:RE:RE:NXE hitting new highs

NexGen Energy - They have what is likely the richest uranium asset seen in the last 30 years at least. It very well could be the richest uranium deposit ever discovered if the early testing results are correct. Rook 1 will most certainly be the largest and lowest cost producing uranium mine in the world at some point. Not sure what that might be worth but I am guessing it will be a considerable sum. If they are looking for a buyout, I am certain Cameco would be listening among many others.

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