RE:RE:Why update the PEA? What is mind boggling to me is why team pump thinks so highly of PLS yet all of team pump was for the DML / FCU merger?
If PLS is such a world class future mine why would you dilute PLS with DML's assets?
Anyone that knows anything about mining in the basin knows that sinking shafts deeply in sandstone is extremely expensive and technically challenging and that any mining at the unconformity requires freezing. Both Denison's Gryphon and Phoenix are both under 100s of meters of sandstone and don't have the scale of McArthur River of Cigar Lake. Phoenix is also an unconformity deposit.
Those including Dev who tout the shallowness of PLS where all about merging with Denison whose assets have much worse attributes than NXE's Arrow.
The bulk of Nexgen's Arrow deposit sits between 400m and 600m. Arrow also has less than 100m of sandstone overlaying the basement rock. The majority of the resources is shallower than McArthur River and a similar depth to Cigar Lake. So 1) you are are mining in basement rock likely without the need for freezing and 2) you don't have to sink a shaft through 100s of meters of sandstone 3) the size of arrow will almost certainly be bigger than Cigar Lake and could potentially rival McArthur River.
Anyone see the irony and hypocrisy of the PLS pumpers?