Arrow is the premiere undeveloped uranium project in the world, there's no doubt about it. Agree about timing of a potential takeover bid. If it comes it will be after permitting is secured. I reckon someone like Cameco could take a minority stake when NexGen raises capital to fund its development. Would like to see Arrow in Cameco's hands. I don't know the ins and outs of the corporate structure as you do, but it occurred to me that ultimately Arrow could end up in split ownership like Cigar Lake is between Cameco and Orano (55-45).
Anyhow, great project but it doesn't fit my profile for direct investment in the uranium sector atm. Happy to have exposure to it through a uranium ETF though.
Nexgen has a $5.39 Billion Market Cap. a sitting duck??, page-7
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Last
$10.91 |
Change
0.090(0.83%) |
Mkt cap ! $834.2M | |||
| Open | High | Low | Value | Volume |
| $10.86 | $11.11 | $10.82 | $2.952M | 271.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 4259 | $10.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $10.97 | 1059 | 2 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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$10.91 |
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| Open | High | Low | Volume | ||
| $10.92 | $11.02 | $10.85 | 13730 | ||
| Last updated 15.58pm 07/06/2024 ? | |||||
| NXG (ASX) Chart |