Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Metals & Mining Industrial Metals & Minerals

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 shrinkon Mar 06, 2017 10:35pm

186 Views

Post# 25941564

RE:RE:Cantor Fitzgerald disappointed with RE, reduces target

Since you're a fission bag holder I'll ask you about their current cash burn rate, latest sedar shows that they are really going through the cash. Will they last another 12 months?

Rover90 wrote: The following news from CF Rob Chang is devastating to Nxe plan not go to the market and raise funds...........

"PEA to come & possibly U/G drilling – A PEA is expected for Q3/17. Moreover, the company is currently assessing whether to commence a drill program underground in order to better understand the deposit when designing a mine plan".

Looks like Quakes was right in calling for Nxe to consider sinking a shaft to conduct underground drilling. Another "skeleton in the closet" we are starting to hear about.........Harpooned assays 7 months and counting. Oh my my.

quakes99 wrote: Was really surprised by Rob Chang's "Bottom Line" heading that says "Mostly Negative" while going on to say that the Market was making a mistake by selling on disappointment in the results. Reduced the CF target from $5.50 down to $5.15 due to RE not meeting CF's own expectation of 350-400M lbs.

You can read the full report at this link:
https://www.cantorcanada.com/pdfFiles/20170306NXE.pdf

Cheers!