NXG 1.69% $9.91 nexgen energy (canada) ltd

IN full production, in 5 years time, and assuming it can replace...

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    IN full production, in 5 years time, and assuming it can replace its reserves past year 5, its around $10-15Bn in full production , assuming current uranium bullishness holds(no further U price increases assumed above $150/lb)

    Cameco is $20bn USD, but has several projects and more production, Nexgen would be a bit less than Cameco.

    So its basically a double to triple in about 5 years which is still a good return. More if U prices exceed $150/lb.
    Last edited by cobrakai1984: 17/01/24
 
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