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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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Post by touaregon Nov 29, 2018 2:09pm
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Post# 29040886

Mine development?

Mine development?I read today in an article by Joshua Hall on Seeling Alpha that Arrow is planned to go into production in 2023.. I wonder where this guy got that from? I can't find anything on the NexGen website.. I was under the impression that permitting and biulding a Uranium mine took a lot longer than that even in the A Basin.. especially as Arrow is in the West where there is not the needed infrastructure close by? Please correct me if I am wrong but I was under the impression NexGen are more inclined to wait for a buy out and to expect Arrow to be in production by 2023 is highly unlikely?

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