Snippet from AFR article on 6 uranium producers set to profit
NexGen Energy: Sam Berridge, a portfolio manager and resources analyst at Perennial Investments, dubs the Canada-based uranium explorer and clean energy play “best of breed”. “Its uranium grade is orders of magnitude higher than any project I know of, so production costs will be right at the bottom end of the curve.”NexGen says its Rook 1 tenement in Saskatchewan could be the largest and lowest cost in the world. However, significant risks remain as it’s yet to receive the licences required to mine the mildly radioactive metal in environmentally conscious Canada.
“They have provincial approval already and the next big catalyst will be federal [government] approval. Once NexGen has that, it will crystallise financing, and it’s targeting production by 2028,” says Berridge.
Shares in the dual Toronto and Sydney-listed business closed on Wednesday at $12.40 on the ASX at a $CAD5.5 billion ($6.2 billion) valuation. The stock has advanced 90 per cent over the last 12 months.
- Forums
- ASX - By Stock
- 5 star stock…?????
Snippet from AFR article on 6 uranium producers set to profit...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXG (ASX) to my watchlist
|
|||||
Last
$9.50 |
Change
0.030(0.32%) |
Mkt cap ! $760.0M |
Open | High | Low | Value | Volume |
$9.29 | $9.50 | $9.28 | $2.827M | 299.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 953 | $9.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.50 | 19994 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 953 | 9.390 |
2 | 896 | 9.370 |
1 | 53 | 9.300 |
1 | 1084 | 9.250 |
1 | 1274 | 9.180 |
Price($) | Vol. | No. |
---|---|---|
9.500 | 19994 | 1 |
9.510 | 953 | 1 |
9.910 | 1904 | 1 |
10.050 | 10000 | 1 |
10.580 | 3800 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
NXG (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online