The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
RIO: Funding Received for La Arena
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SIDDHARTH RAJEEV, Fundamental Research Corp.
(05/20/2010)
"The company has entered into terms for a gold prepayment agreement in the amount of US$24.25 million. The US$24.25 million will be repaid by the delivery of 36,800 ounces of gold over a 40-month period from first gold production. The deal allows company to minimize dilution from project-related equity financing and avoid interest payments associated with traditional bank debt financing. The company anticipates the first ore to be placed on the leach pad in December 2010, with gold recovery starting in January of 2011. Production of 50,000 ounces of gold is projected for year one. On May 20, 2010, the company announced it has closed the first tranche of a private placement by issuing 10.10 million shares (at $0.75 per share) for gross proceeds of $7.51 million. We have maintained our BUY rating and fair value." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >