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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 09, 2016 4:02pm
130 Views
Post# 24855299

RE:RE:RE:RE:RE:Spincos Coming Soon?

RE:RE:RE:RE:RE:Spincos Coming Soon?

You've probably never created or discovered anything of real value, so I understand how it may be difficult to wrap your head around the value of maintaining exposure to disruptive discovery via a royalty.

Let's say you invented the formual for Coca-Cola, developed a cure for cancer, or discovered the biggest, baddest and easiest uranium deposit in the history of the Athabasca... You would sell your invention or discovery to a company with the operational and marketing savvy to unlock full value from your creation/discovery but wouldn't keep an option via a royalty?  Because it's "cleaner"?

If NXE is vending or spinning out it's various assets, I hope they are retaining a royalty on all the properties... not just Arrow.

 

 

Bullboard Posts