RE:THE SIZE CHART ????Keen eye B2S2, wondering why it was posted as the data seems to be incorrect as you note.
Actually, looks like the source of the data / source of the error is from the Nxe presentation.
They seem to have noted the data was not verified but clearly discredits the data source.
Page 18 of 39 on the following
https://www.nexgenenergy.ca/_resources/presentations/corporate-presentation.pdf?v=0.691 Hard to figure what is FAKE news these days....Thanks!
Born2Struggle2 wrote: The chart being displayed on the NXE site depicting relative size of various deposits is incorrect - several errors noticed in a cursory glance. I'm sure if one studies it more will suffer - here is what i saw.
The legend claims that several of the deposits are in the MI category. MI means MEASURED and Indicated. Few of those deposits fit the category Measured - very miss leading. I like to think that this error is:
1) not a document authored and published by NexGen because it, at the minimum, is a display of incompetence,
2) unintentional, and
3) not a conscious effort to miss lead the investor.
Additionally, the title refers to deposit size not deposits owned by a particular company. The Phoeonix and Griffon deposits sizes relate to DML's share of both of those deposits not the entire Wheeler River deposit size of ~115M lbs indicated and inferred.
Why understate that? Splitting out the lbs that way takes some effort. Maybe miss stating things is intentional? Fishy?
JMO - B2S2