Nexgen Energy Ltd T.NXE

Re: Run ...

[5oceans]

... Run from what? it has been proving it self all along to be the best play. IMO stay with it, one never knows when a big guy comes around and takes it out, that is my hope. i just hope that the neighbour goes at the same time and I make money in one and break even on the other. That is the reason why i have been holdingh this one, you did the right move way back when. juist me.

[KozmoT]

I was in Hathor when they got taken out, made a ton of coin. It could happen again here or with FCU.  That would be nice.

[5oceans]

FCUNXE or NXEFCU should have been one long time ago. But ego/pride must've gotten in the way(just me). The combination would've been a lot more valuable now with the strong wind behind the sector, simpler to finance(Just me). When that came accross my mind i bought nxe but didn't sell fcu - big mistake, has been dead money since then.

[Greenday]

@ 5oceans - An NXE / FCU merger or even a MOU for sharing the cost of infrastructure is a no brainer.  The savings that each company would gain would go straight to shareholders in the form of higher stock prices.  

[settoretire]

The problem, as you aptly stated, is management, but you must decide/admit that NXE is overpriced, or FCU is underpriced. Will we see parady before a merger? Not likely, as there is a huge difference in SP. Too much downside for Nexgen. If they decide to push Fission upward, to say 6 bucks, then the merger might happen at around $7.50. jmo

[Greenday]

@ settoretire - A merger between NXE and FCU on a one to one share basis is not reasonable because NXE has a greater NAV but that doesn't mean that some other share ratio cann't be negotiated.  It's possible though that FCU is currently reluctant to merge because it's trading at .72x P/NAVPS compared to NXE's 1x P/NAVPS.  That's a 28% discount and FCU may believe