David Cates, President and CEO of Denison commented:
“Our strategy is ambitious and involves the advancement of our flagship Wheeler River project towards development and production – intending to claim the “pole position” as the next new uranium mine to be built in Canada. The project is already the largest undeveloped uranium project in the infrastructure rich Eastern portion of the Athabasca Basin, and with the market beginning to recognize that current uranium prices are both cyclically and irrationally low, we are delighted with the prospect of being able to showcase its economic potential”
Diversified Athabasca Basin Asset Base with Superior Development Leverage
(1) Ranking is based on comparison of undeveloped uranium projects (at 100% ownership) with total indicated resources greater than 40M lbs U3O8, located in the Athabasca Basin region – namely Arrow (NexGen Energy Ltd.), Triple R (Fission Uranium Corp.), Millennium (Cameco, JCU), Shea Creek (Areva, UEX Corp.), Midwest (including the Midwest and Midwest A deposits)(Areva, Denison, OURD). CAPEX estimates are per NI 43-101 technical reports. Certain projects do not have NI 43-101 estimates of upfront capital costs.
677,668,423 | shares outstanding |
15,571,743 | stock options |
5,650,899 | share units |
2,140,000 | warrants |
701,031,065 | shares fully diluted |
Alexander Pearce | BMO Capital Markets |
Katie Lachapelle | Canaccord Genuity |
Mike Kozak | Cantor Fitzgerald |
Nicolas Dion | Cormark Securities |
David Talbot | Eight Capital |
Colin Healey | Haywood Securities |
Craig Hutchison | TD Securities |
Brian McArthur | Raymond James |
David Davidson | Paradigm Capital |
"“We continue to expect the next key catalyst for the company will be the completion of its Wheeler River PFS.”
Craig Hutchison, TD Securities"
Please note that any opinions, estimates or forecasts regarding the performance of Denison Mines made by these analysts are theirs alone and do not represent the opinions, estimates or forecasts of Denison Mines or its management. Denison Mines does not by its reference above or distribution imply that it analyzes or approves of such information, conclusions or recommendations.