Post by
investornot on Jun 26, 2024 7:55am
Crazy Days!
I would never have expected to see the price drop below $9 as it did briefly yesterday. Fissions' deal might stir up some speculation in the uranium sector but honestly I don't see NexGen being acquired so close to formal approvals and permitting to proceed with construction.
I do see NexGen as a potential buyer down the road. Obviously there are many factors that may come in to play with the primary one being how managment can maximize 'their' value.
Cameco is the only viable potential suitor I can think of that is a good fit to NXE, but do not believe that would maximize the returns to existing shareholders.
I am content to let this play out independently until 2028 when in production. I hope it is left alone to chart its own course!
Comment by
hiram_key on Jun 28, 2024 4:12pm
One never knows the fate of an investment...as fcu share holders found out.