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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 Apr 02, 2016 6:34pm
226 Views
Post# 24724269

RE:Offers

RE:Offers

No...

Rosseau owns close ~10%, TigersRealm ~10%, optioners Matt Mason, Tim Young and Mike Lederhouse ~20%, Mega Uranium ~6%, insiders 5%. Another 10% or so estimated in the hands of partners and friends of shareholders listed above. That leaves a little over 130M shs floating around and I'm willing to wager some of that is locked up by the majors.

I haven't included any known institutional shareholders in the above, outside of Rosseau. 1832, Blackrock, Fidelity, Global x Funds/Solactive are also known to be holding $NXE and I am very confident several other funds are accumulating as well. Too, we are going to see wider participation when the NI 43-101 is filed and if/when $NXE uplists to the TSX/NYSE.

 

 

rderkach wrote: Even if there is an offer it would be hard to get 2/3 yes vote, unless management agrees. i think insiders own approx 5% and Mega U owns 20%  for 25%. There are other fund holders and major olders who probably also own about 15 to 20%. So  unless management agrees it would be hard to get majority.  I think thats why this stock is being pushed up because there are alot of retail shareholders holding tight.  With 300m shares trading i bet there is only100 shares that are greedy or day trade.  This isnt like FCU which has over 400 m shares and a huge retail base that can drive the price in either direction by sell orders or if times are good buy.

 

Bullboard Posts