Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

NexGen Energy Ltd. is a Canada-based company focused on delivering clean energy fuel for the future. The Company is an exploration and development stage Company, which is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It has a portfolio of highly prospective projects, including the Company's 100% owned Rook I property that is host to the Harpoon, Bow, South Arrow, Arrow Deposit, and the Cannon area. The Rook I property is a development-stage uranium project in Canada, which is located in the uranium rich district of the southwestern area of the Athabasca Basin, located in the premier mining jurisdiction of Saskatchewan. The Rook I project hosts the Harpoon Discovery located approximately 4.7 kilometers (km) northeast of the Arrow Deposit. The Bow Discovery is located approximately 3.7 km northeast along the Patterson Lake Conductor corridor. The South Arrow Discovery is located 400 meters (m) South of the Arrow Deposit.

TSX:NXE - Post by User

Nexgen Energy Ltd

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Comment by teeveeon Nov 14, 2017 3:54pm

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Post# 26962421

RE:RE:RE:BHP to increase uranium output

ssthv wrote: ...Should we be worried by that, if it is a byproduct, it will be pretty cheap so could be a threat for a lot of companies out there.

It is not an issue for a low cost producer like Kazatomprom, and won't be a problem for NXE as they too will have costs rivaling those of Kazatomprom. It is a problem for CCO who have stated they need >$70/lb to justify developing the next phases of McArthur and Cigar Lake mines. CCO will be pushed out of the market as a high cost producer and lose their share of the uranium market. NXE, BHP and Kazatomprom will the the big dogs in a new uranium paradigm.

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