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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 Nov 02, 2018 7:14pm
87 Views
Post# 28917717

RE:It is obvious what is going on with NexGen

RE:It is obvious what is going on with NexGenAll things are possible and what you laid out here could come to pass. But it does not seem to be in harmony with NexGens own Bod which also wants to be a leading Uranium producer. Also Leigh Curyer is from the financial world and I am quite sure he is already lining up the funds to build this mine and mill. Li Ka Shing may not be overly pleased with a link up to China National Nuclear. Much more likely is a JV partnership with CCO or Orano or both. That has been the way projects have been developed in the basin ovr the years and I see no reason why those arrangements would not continue with NXE's assets or FCU.

A much more likely candidate for a takeover is Paladin. It has two mines that just need to be started up PLUS it has deposit prospects in Newfoundland.... a quick way to add pounds of supply fast.

So my guess (and that is what it is) is that NXE will either finance the mine itself with the backing of current major  investors or it will enter into JV agreements with the bigger players. Who knows really??

Malcolm

Bullboard Posts