BNN Interview with Dev today - Link - His "Differentiation" Here is the link to the interviewn on BNN today:
https://www.bnn.ca/video/fission-uranium-shares-higher-despite-oversupply~1047117
Dev showing his marketing strategy, by really saying same things in both this and Commodity TV interview.
Shallow
Light overburden (as you head NE the overburden gets thicker and goes deeper I think - as so far the U is found deeper as well - who knows could rise back to surface too...)
Economics of mining this property versus others in basin
- might be others larger or higher grade (referring to NXE I am pretty sure for most part)
Anything over 200-300 meters underground requires all underground (he slips in "robots" in Commodiy one lol)
Keeps mentioning how shallow has historically always been mined first in Basin because of lower cost and more companies available to open pit mine (says Cameco is only real deep miner with Areva having 1.2 Billion in costs arising in France, etc)...
So he is marketing and differentiating FCU HARD (yes, probably making neighbours a bit angry) - but that is his job.
Whether you buy into his hot button points or not is up to you.
Host keeps suggesting stock price might have run past underlying commodity, but Dev says maybe they were oversold...- which many longs here certainly hope was the case....
Suggested Chinese liked FCU because eventually could be open pit mined...number of miners/buyers interested in open...