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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 TheRajon Jan 27, 2017 5:59pm
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Post# 25766191

RE:next resource estimate

RE:next resource estimate
$4/lb-$5/lb is for a low uranium price. If another company comes to buy NXE based on the In-situ value, then it would be in NXE's best interest to wait 'til uranium prices hit above $60/lb  or above. Then the price per pound would be closer to $15/lb range (I like to use the 1/4 ratio because it's safely conservative, especially in this market environment and sentiment) which would then give NXE an interesting sp value nearer $17/sh.

Uranium price is forecast to reach $60/lb by sometime in 2018. NXE would be foolish to even think about selling before then.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities