Thanks for posting the interview, I hadn't seen it before. I've watched Rick Rule in the past, and although this wasnt exactly a no-holds barred interview, he's got a vested interest being a shareholder and there's info that can't be divulged in this setting.
In saying that, he looked slightly bemused and a little sceptical with some of the replies, but I guess he was being polite in doing more listening than talking. I think he is cutting Nexgen some slack given their phenomenonal success so far, but I dont think his patience would be unlimited if there were another series of misteps. Money of Mine podcast called bs on those G&A expenditure claims in a recent podcast, so check it out if you get a chance. Not the most informed bunch sometimes, but maybe worth a listen.
Some pretty good points around the EV of the project compared to the majors and where the U price could head. I wouldn't be surprised if someone with a solid track record makes a play for Nexgen, esp once the permitting is resolved. The next 6 months will be interesting.
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No. | Vol. | Price($) |
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1 | 7 | 9.680 |
1 | 1500 | 9.620 |
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