Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

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

Bullboard Posts

Comment by Silverwhereon May 02, 2016 11:56pm

176 Views

Post# 24835434

RE:RE:new-to-the-board posters need to do some DD

Thanks teevee.

“Even using conservative assumptions, our DCF model on the project generates value an order of magnitude greater than that implied by current share price levels.”

Well, IF the writer has a good grasp of “an order of magnitude”, well, holy nuclear bull chips Batman!

“If numbers differ by one order of magnitude, x is about ten times different in quantity than y”

Order of magnitude
https://www.google.ca/search?q=+order+of+magnitude&ie=utf-8&oe=utf-8&gws_rd=cr&ei=8A4oV_2RDojcjAPulonYDw

discounted cash flow (DCF) – investopedia
https://www.investopedia.com/terms/d/dcf.asp

teevee wrote: Is RJ talking $20?.....RJ posted a report entitled "Current Analysts Favourites" today. Here are its comments on $NXE:- It is now clear to us that NexGen has made a once-in-a-cycle mineral discovery at its 100%-owned Rook 1 uranium project in northern Saskatchewan. We believe Arrow is the best discovery in the world of uranium since McArthur River in 1988, and is the most prolific discovery across all metals in the last five years. Arrow boasts high-grades; world-class scale with significant exploration upside remaining; low technical risk; one of the best uranium jurisdictions globally; and is being run by a high quality, conservative management team. Even using conservative assumptions, our DCF model on the project generates value an order of magnitude greater than that implied by current share price levels. And while the stock has strengthened significantly since a 202 million pound maiden 43-101 resource estimate was released early-March, recent weakness provides an excellent opportunity for investors to build new positions or bolster existing ones. The remainder of 2016 should see continued strong news flow from the on-going, aggressive drill campaign at Arrow and a resource update sometime during 2H16E.

TraderDad wrote: At minimum, Arrow should be valued at $4-$5 US per pound right now based on current U price. This is according to multiple analysts. Maybe some of you should do some reading tonight. Based on just 200M lbs U, and current O/S , this values NXE at $3.40 CAN.
Thats using a total of 200M U, no more. $4.50 US per pound, today's exchange rate, 334M O/S.

translation: Stock is going to go well north of $3.40, this calendar year, IMHO.