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 Jul 11, 2017 12:39am

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Post# 26453999

RE:RE:RE:RE:RE:RE:RE:RE:$200 Plus Million cash in the bank

The money will come from where it has always come from. What about Fcu , Where will their money come from. Sell another 20% interest to cfn. Or will they let it play out until Jan 2019, then take control?That is scary because Fission will try to complete a PFS on less than adequate drill results.

gizard16 wrote: You folks are very sensitive to a few pertinent questions. Lots of questions need to be asked.
Besides a whole lot of debt now, where will the rest of the money come from to develop?
Does anyone really think $200m will get us there? Will we see the SP targets of $4.50 - $6.00 reached? Lots of questions, but very few answers. Our ceo,ca friends are just paid pumpers, so they can't help the retail investors. Free shares? 20% options? Dilution? Let's hope we see some terrific PEA numbers.

"Fission has no debt to leverage with... unlike our neighbour with US$120M (CA$156M) of debt to a Chinese Billionaire who now has his puppet on a string. Now THAT's scary"

shrink wrote: Giz is right, i mean its taken FCU 9 years to get to where they are at Patterson Lake. However on second thought, i believe its taken NXE 2, 2.5 years to catch them.

gizard16 wrote: It's not that simple at all. There are many many questions to be answered before they look at any development. Remember Cigar Lake? I believe it was 9 years in development and the original capex was $450m. The eventaul cost was $2.6 billion.

dman34 wrote: The answer is quite simple Giz. Even at these depressed uranium prices, once developed, Arrow will be one of very few mines able to turn a profit. It wil be a massive cash cow when prices eventually move higher.

gizard16 wrote: Not at $20 U pricing. Many other projects are being mothballed. Why would NXE go ahead?

Haroula wrote: "I expect Nexgen to release the PEA and then immediately announce they are going underground. There is no other logical reason for raising so much cash so quickly other than aligning CEF Holding's interests with shareholders." Agreed. I think that the PEA results have already gone out to the major stockholders who put more skin in the game. This is a two year hold and I am looking forward to future development. I was very impressed with the management team at the AGM.