Re Can Someone Explain !!Simple. PLS deposit is a far better deposit and will be a mine years before Arrow. Arrow is going to cost far more than PLS to bring into production. Just check the numbers for Cigar Lake (billions)
Both are very good deposits and remember all last year's drill results for PLS are not in the 43-101 so actual size of the deposits may be very well close to the same in the end . Numbers for PLS will not be in the maybe category !!!
If not purchased NXE will have a big problem financing and I firmly believe FCU will be taken out much sooner as it can be mined at less cost and will be far more profitable.
Deep underground U308 mines have a major issue with worker safety. IE radiation !!
FCU is a bargain share price. We will see how NXE share price fares when the hype is over . The deposit may go deeper but all holes drilled around it where Duds. Just check drill records to confirm.