Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Metals & Mining Industrial Metals & Minerals

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

Nexgen Energy Ltd

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Comment by teeveeon Sep 08, 2015 5:32pm

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Post# 24087067

RE:RE:RE:RE:RE:Cameco Corporation comments on possibly acquiring FCU or NXE

I don't see the need for FCU and NXE to work together, at least from NXE's perspective. Yes, NXE management are fully entrenched, and when you add the positions of a few large foreign investors/funds that are "on side", neither Cameco, Rio Tinto or Areva can take NXE over with a hostile bid unless the price is one management can recommend to shareholders:-).....

BobbiOre wrote: There are some scenarios whereby FCU and NXE could work together. It would require an FCU management change though, as NXE management are fully entrenched because of the share structure.

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