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

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Comment by Born2Struggle2on May 05, 2016 7:30pm

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Post# 24846355

RE:Estimate of Updated 43-101

I think your WAG is close to the truth, maybe even 50 to 100Mlb light. I wonder how much the market has already baked in? "Others" can run these estimates as well and the "baking" could be under way giving us a slow steady advance as the "others" sell to their clients. When the 400M lb announcement hits the market we'll get another zoom. I did a simple poor man's block model WAG earlier and got an increase range of 11 to 18 Mlb U for hole 76C1. All dovetails nicely with Pamps' TA.

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