That's pure speculation on the price of U by a company that remains pre development. I don't buy it that it puts the company in a position to serve future customers. That's years away. Shareholders are not in this stock to speculate U prices, they are in for the development and operating upside of a tier 1 project. If they want to speculate U prices they can do that in far more pure ways. This all makes no sense, and confirms the governance and decision making risks of this board and management team.
NexGen Announces Strategic Purchase of 2.7 Million Pounds of Uranium, page-4
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