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 >
RPG: Mayacamas Raises Real Option Value
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SEAN PEASGOOD, Wellington West Capital Markets
(06/24/2010)
"RPG purchases 421-acre property for undisclosed cash sum. The property is adjacent to RPG's Geysers project and has three tested production wells that can support half the 25–35MW required for Geysers. The transaction eliminates Ram's need to pay royalties at Geysers. RPG has improved the economics of the project and strengthened the negotiation position with third party operators for a potential steam sale. We continue to believe RPG favors selling the steam. Selling the steam would provide RPG with recurring revenue and no associated capex and expenses. We believe large operators are interested. Reiterating Buy rating and C$4.50 price target. RPG's shares are attractive at 0.5x FDFF risked NAV. Next catalysts for the shares are the potential steam sale at Geysers and development at SJT." |
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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 >
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