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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

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

Comment by UraniumBull23on Aug 14, 2020 12:45pm
227 Views
Post# 31409218

RE:according to Dreaminthedream

RE:according to DreaminthedreamI think the lag you're seeing is due to the utility companies not wanting to sign long term contracts at a fair price. currently what is haoppening is utilities want to sign at spot price and the producers know that isnt possible and are holding out. The pressure will start to hit as the utilities eat up reserves and are forced to buy on the spot price until the push it up high enough that the producers can negotiate. 
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