Agree Canada alone is worth more than the MC. Must be someone...

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M Sugar

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10/04/24

11:46

Post #: 73274324
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Originally posted by tobiasroy: ↑

You would think there would be some interest shown in the Canada tenements with copper and gold expected to go higher and transport rail and roads straight through the hey diddle diddle, even a portion sale and keeping say 33% with some dollars involved to move forward quicker with the Namibia exploration would be good at this time. Management may think the potential may be bigger than anyone thinks and happy to leave it untouched while the value grows with the commodity prices and now is not going to achieve true value, WR1 picked up nearly a billion $ worth of plant and infrastructure from the Stornaway diamond mine for close on $60m which shows that the value is weighted favourably to those acquiring atm with interest rates still relatively high. CBE closing in on $30m MC now and who has an opinion on a comparison to the CBE potential v NRX?.

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Agree
Canada alone is worth more than the MC. Must be someone knocking on the door wanting to develop it. Also its in safe mining friendly Canada

Li potential to. Management never warmed to that idea

The stars are in line for U , C and Silver.
Its a sitting duck for a rerate
Management are slow .... But not dead. The uranium acquisition with succesfull neighbours has excellent potential
Watching how that unwinds

NEW ACQUISITION IN NAMIBIAN URANIUM BELT: Noronex has entered into an exclusivity agreement over a claim in the heart of the Namibian Uranium Belt allowing it to conduct due diligence and acquire up to an 80% interest via earn-out on a highly prospective 7,000 HA claim located approximately 3kms north of Bannerman Energy’s Etango project.

Can never time it but NRX looks like a strong buy compared to CBE , etc
IMO

NRX Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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