I prefer proven drills too, obviously really early stage here.
That aside, if they can prove up a good resource in Newfoundland, Canada is a nuclear friendly country, and they should have less trouble getting a mine up and running than Aus, Canada gets 15% of their energy from nuclear, here in Australia uranium mining is banned in most states and territories, there's no guarantee nuclear power is even happens here before 2040, you are relying on Peter Dutton to get elected and deliver on his words if he gets elected, if Labor get re-elected, I don't think we see nuclear power before 2040, and more cost blowouts will happen, no matter what media says expenses overall usually only go up.
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