What is actually relevant (short term)Proven so far is that there is a massive deposit of uranium worth persuing towards the creation of a mine at Arrow. What the final number works out to be as the deposits perimeter are determined is secondary to the economics of the creation of a mine. More will be known over the next 6-12 months as the company does their PEA, PFS and additional drilling is completed to determine what will be ultimately become the first phase of the mine at Arrow.
I therefore have to wonder why all the banter about the recent RE numbers as it is known that it tells only part of the story here and more infill holes are needed to confirm that the deposits are continuous in order to increase the indicated number. It only makes sense that the RE numbers will grown over time for Arrow alone.
Seems the discussion here is focussed on what could go wrong as opposed to what is known that has gone right. IMO we will know a lot more details at the time of the PEA and the price will reflect that information.
Finally... it makes no sense to me to try to raise future capital needs at this time. Enough capital on hand for the immediate needs and if things continue to go well for both NXE and the price of uranium then they would be giving the stock away at current prices.