$NXE : NexGen Energy Exit

We exited NexGen Energy at an average price of U.S. $1.75.

Why did we exit?

The Uranium Cycle Death event in March enabled us to accumulate an imprudent number of shares in NexGen relative to the weightings of the majority of constituents in the NuChemICF. Consequently, we were able to achieve our goals while also dramatically reducing risk.

Our primary exposure to the uranium sector is now achieved exclusively through Deep Yellow Limited, to which we intend to add aggressively if presented with an opportunity accompanied by sufficient volume.

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