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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
Post by investornoton Jul 31, 2017 1:41pm
368 Views
Post# 26529506

Rick Rule on BNN discussing NXE

Rick Rule on BNN discussing NXEHere is the link to an answer provided to a caller about the PEA release. Interesting feedback. 

https://www.bnn.ca/video/rick-rule-discusses-nexgen-energy~1178636

One thing that is not in the PEA but was addressed by Leigh in the conference call (I believe in response to a question by the caller from BMO) was if they could economically cut back production in event Uranium pricing. His response was that they could easily cut back or suspend operations at and incur very little costs if they had to wait. Keeping in mind that the mine would be opeartional in the 2020's the likelihood of that occuring based on current projections is very low. 
Bullboard Posts