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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.


TSX:NXE - Post by User

Bullboard Posts
Comment by PamplonaTraderon May 28, 2015 12:06pm
105 Views
Post# 23774267

RE:RE:RE:RE:Charts Bullish

RE:RE:RE:RE:Charts Bullish

JKMD43 wrote: Hey Pamplona, Most Analysts were giving a estimate of 40-70mm lbs before winter drilling started. I would think 44b will shock a lot of people and Analyst coverage will put NXE at the 80-120mm lbs range dependant on the 44b results. If 44b isn't as impressive as thought, I would think closer to the 60-80mm lbs range!

In any case, if I were to throw out a guess based on previous news releases and with the assumption 44b will be a game changer, I would say that Analysts will throw anywhere from 80mm-110mm lbs+ into their articles.



Thanks, JKMD!

Below a re-cap of analyst reports, courtesy of shakerman640:

"High grades expected from AR-44b's pending assays may go a long way in increasing what we estimate as average grade of ~1.1% U3O8 (using a 0.1% cut-off) and 3.5% at a 1% cut-off."

https://personal.crocodoc.com/6uOE0qN


We expect higher grade assays. AR-44b total mineralization is similar, while the hole is angled. Off-scale represents ~75% the thickness of -30, but the high grade core (>30,000 cps) is 10% thicker, and uber-high-grade (>61,000 cps) at 9.5m is triple of that found in hole -30. AR-30 hit 193.8m total mineralization with 53.85m off-scale (drilled vertical and down dip). It assayed 10% over 46m, with composite GT of over 900. My note: 2nd best ever was FCU's PLS14-129 @ 992 GT.

https://personal.crocodoc.com/P92nyvm

In the link above, Cantor was estimating 58mm lbs, 55mm lbs for the A2 shear alone... Note that mgmt thinks A3 is twice the size and higher grade. The estimate is based on released assays... and were drilling 25,000m this summer.
Bullboard Posts