Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

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

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Post by Malcolm2001on Jun 29, 2018 12:40pm

133 Views

Post# 28252074

First EPR connected to the Chinese Grid

Hear is the link for this important development:

https://www.nasdaq.com/press-release/edf--taishan-1-worlds-first-epr-connected-to-the-grid-20180629-00188

Taishan-1 is a 1750 MegaWatt EPR (European Pressurised Water Reactor) and the very first one to be commissioned in the world. Designed to operate for a minimum of 60 years and run on Mixed Oxide fuel and up to 5% enriched fuel. Several more like this are due on-line in the next two years.

A huge reactor and a huge milestone by any measure. The question for the bashers is - Where is all the Uranium going to come from for the next 60 years when every mine in the world is finished in 15 years?

Malcolm

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