today the release their "Managements Discussion and Analysis" document, which clearly states Nexgens direction
"NexGen does not derive any revenue from its operations except for interest income from its cash. Its primary focus is the development of the Rook I Project, in addition to the acquisition, exploration, evaluation and development of resource properties"
so buying the 1224 tonnes of uranium makes perfect sense going by that statement.
NexGen Announces Strategic Purchase of 2.7 Million Pounds of Uranium, page-3
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