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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 Mar 18, 2018 2:55pm
129 Views
Post# 27736129

RE:Vulnerability

RE:VulnerabilityNot much I would say because nuclear plants supply baseload power and that is usually unaffected by recessions unless they are very severe ones. It might affect reactor orders but nuclear takes very long term planning and is usually not affected by short term financial phenomena such as recessions.
I would not be too concerned about that. If we do get a nasty recession such as the one after 2008 there will be more to concern ourselves with than the price of Uranium.

Malcolm

bloodyalb wrote: I'm curious as to what you guys think about this; How vulnerable is the uranium sector if there is a recession that occurs within these next two years?



Bullboard Posts