in the Rule interview, at around 45 minutes, LC gets going on M&A
Claiming M&A is on their minds constantly, and that mining and also oil companies are ones that would look ta this deposit.
He said the new discovery looks way better than arrow.
As they work to project completion , which they are totally capable of doing, they believe the MC will be $30 to $70 Billion so the share price would be 5 - 14 times its current value and thats at todays Uranium price. if it doubles then obviously its 10 - 28 times the current price.
Any takeover will need to prove that what they offer today would be more beneficial than nexgen going to project completion.
Obviously there is no consideration for the further mineralisation around arrow itself thats unexplored and the new and and far "better" discovery has been given absolutely no value to the share what so ever.
staying in on this one....
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in the Rule interview, at around 45 minutes, LC gets going on...
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Price($) | Vol. | No. |
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