In terms of project economics, the feasibility study suggests...

In terms of project economics, the feasibility study suggests Rook I has an After-Tax NPV of US$3.47 billion assuming a uranium price of US$50/lb, and US$5.8 billion assuming a uranium price of US$75/lb at an 8% discount rate. Keep in mind the current uranium spot price is around US$78/lb, and NexGen's market capitalisation is US$4.6 billion.

that was at time of writing several months ago... uranium is now nearly $100.

so right now the after tax npv would be $7 bill which is way less than its market cap, the mine has at least 13 years life and its paid itself off in less than 5 months.. it's funded to production.

no one is saying uranium will stay at today's prices and the us congress is one vote away from its bans on Russian uranium, making Canadian uranium critical for many nuclear providers globally.

I think anyone thinking today's market cap is what nexgens arrow project will be sold off for will IMHO be making some critical mistakes in their calculations.

in the last conference call nexgen points out its first year production can be easily boosted substantially.

Camecos mc is usd $18.3 billion

This is their predictions as reported in august.

With improving market fundamentals, for 2023 we have increased our consolidated revenue outlook to between $2.4 billion and $2.5 billion (previously $2.2 billion and $2.4 billion)

So let's repeat this. Comeco at a mc of $18.3 billion is looking at $2.5 billion Max revenues for 2023, and nexgens rooks 1 arrow project, after year 1, has a profit after tax of $7 billion with the entire mine paid off in months...

yikes...

let's see how this plays out and wait for the market to wake up.