The Viken Project contains the largest undeveloped uranium deposit in the world*, but uranium is only part of the story.
Viken’s polymetallic nature is an important contributor to the PEA economics, with #uranium, #vanadium and #potash each contributing to the project’s potential revenue.
In this clip, President & CEO Garrett Ainsworth explains how these commodities factor into the PEA before breaking down key metrics, including an after-tax NPV of US$2.9 billion, an after-tax IRR of 46% and a 2.1-year payback period.
Watch the full presentation at https://t.co/FEuRoSFABu
🇨🇦 $DMX.v | 🇺🇸 $DMXCF | 🇸🇪 $DMXSE SDB
*Source: S&P Global Market Intelligence
@wotnewdogg@sillyrabbitfafo You aren’t wrong but that’s from Texas to where ever the port is. But there is no way to getting natural gas from Texas to Seattle. And you ain’t trucking it to supply Seattle homes Lol
@wotnewdogg@sillyrabbitfafo Do you understand how many homes that natural gas supplies in the USA? 54 million + it’s not just a little amount 🤣 that’s 35-40% of all American homes.
Following the positive results of the Viken Deposit's PEA, District has released the results of an independent Economic Impact Study highlighting the potential economic and social benefits associated with the proposed Phase 1 mine operation.
Over the projected 13-year Phase 1 mine operation, the Viken Deposit could contribute:
🔹 US$7.66 billion (SEK 74.33 billion) to the economy
🔹 US$1.58 billion (SEK 15.33 billion) in corporate income taxes
🔹 support approximately 1,065 direct and indirect jobs
Read the full news release: https://t.co/XHLDGhvygC
🇨🇦 $DMX.v | 🇺🇸 $DMXCF | 🇸🇪 $DMXSE SDB #CriticalMinerals #Uranium #DMX
@MwCanucks@DhaliwalSports It’s 1 season left on his contract. If he doesn’t do good then he goes free agency next year or trade him at the deadline for more picks.