U308 priceAt the current U308 price there is no way Arrow will proceed to a mine. PLS can be profitable at a much lower price as recorded in the PEA. No doubt NXE has found a good deposit but the PEA when it comes out will show a far different result. McArther River and Cigar Lake costs show where Arrow is going and not anytime soon. It needs a much higher uranium price and if an offer is made for NXE it will reflect that. A producer will wait an let NXE drill to the FCU stage and watch dilution of the stock which is certain to happen like it did to FCU stock. FCU will be taken out first and may not be far off due to the beat up sher price.