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Gold/Mining/Energy : 2024 Stock Picking Contest
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bull_dozer
To: dara who wrote (35)12/6/2023 4:32:36 PM
From: FJV1 Recommendation  Read Replies (1) of 271
 
Hi Dara,

Mega is Canadian based and primarily acts like a closed end fund with a few uranium juniors in their portfolio. It is also involved in an Australian property. The value proposition, in my opinion, essentially resides in their ownership of Nexgen Energy, NXE. The value of Mega's stake in NXE substantially exceeds their entire market cap, which is a compelling value, given that you are getting the remainder of the company for nothing. Good luck to all in the contest.
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