Nexgen has a $5.39 Billion Market Cap. a sitting duck??, page-12

Thanks mate, nice one with the starting range too.
Heard a little bit of chatter about nexgen, nothing substantial.
Possibly not a great time to start but I might get a little in the immediate short term and dca if it corrects soon. I don't have any uranium holdings and need to start / believed in the narrative for a little while.
Not a financial expert by any stretch and I haven't finished researching their other investments etc, but my only concern so far is that based on the feasibility study of 750m profit per annun (at 50usd uranium per pound) the market cap is arguably in the right range, and nexgen now correctly just moves with the price of uranium. I'd use a 5 year calc personally, roughly 1.35b X 5, 7b, but delete some risk factor and 5b is close. This is where I don't know about their other assets though, and will do more research.