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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 Malcolm2001on Aug 02, 2017 11:33pm
221 Views
Post# 26541376

RE:Japanese Reactor Restarts

RE:Japanese Reactor RestartsGood post Bullsrw. The 5 currently operating are Ikata 3, Takahama 3 & 4 and Sendai 1 & 2. They are all around the 850MW gross capacity range. There are four that are on the cards for restart. OHI 3 and 4 (Kansai Electric) and Genkai 3 & 4 (Kyushu Electric). All four of these are 1180MW plants. Looks like Genkai 3 and 4 will be restarted this fall and the two OHI plants early next year as there is still some refit work to be done to bring them to the new NRA standards.
Japanese Utilites have spent alot of money so I do not believe for a minute that they will not bring all approved reactors back on line.
But the key takeaway is that those utilities are not going to sell their excess Uranium back onto the spot market. They will be making fuel with it.
The spot market supplies are about to dry up and that will force utilities back into long term contracts.
Giz says NexGen is years away from a producing mine...it is...just like Paladin was years away from putting Langer Heinrich into production when its stock shot up from 1c to 10 bucks. Its the price of Uranium that matters here. Still doesn't get it. Head firmly stuck in the yellowcake. Still focussed on the short term ups and downs instead of the big picture where the real money is made.
Malcolm
Bullboard Posts