The Globe and Mail reports in its Tuesday edition that despite inflation and interest rate hikes, analysts at National Bank Financial view metal prices positively, citing strong central bank buying, demand from China and India, a weakening greenback due to high debt levels, and geopolitical uncertainty. The Globe's David Leeder writes that National analysts upgraded their price forecasts for all metals and foreign exchange rates. The analysts updated their long-term prices to reflect ongoing inflationary pressures and anticipated cost increases as mining companies optimize mine planning in a high commodity price environment. National analyst Mohamed Sidibe has reaffirmed his "outperform" recommendation and $21 share target for NexGen Energy. Mr. Sidibe says in a note: "NexGen owns the Rook I Project, host to the flagship Arrow deposit, one of the world's largest undeveloped high-grade uranium deposits that is basement-hosted with the ability to be processed using conventional mining and processing methods, removing some of the engineering risks. Once producing, Rook I will have the capacity to produce close to 30 million pounds per annum in its initial years, representing over 16 per cent of current world production."