Q: Any new thoughts on the prospects for this name?
5i Research Answer:
As a developer, not too much is new. Financials are not overly meaningful. But NXE continues to make progress with offtake agreements, and in July secured 100% ownership of its land packages. There has been some insider buying this year. The sector bounces around, but generally has a good short term outlook. It remains one of our favoured names in the sector overall.