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

Bullboard Posts

Post by gizard16on Feb 09, 2019 11:18am

191 Views

Post# 29341882

Dreamer Doesn't Like NXE

Dreaminthedream wrote:

There are a number of reasons why the market is putting a value of $ 2.44 on NXE

1. Spot price is stuck below $30.
2. Futures market is showing no life.
3. Shareholders have lost faith in NXE and uranium and are getting out.
4. There is the realization that there is NO shortage of uranium. There are quite a number of low cost producers out there that can meet any new demand.
5. The PFS was delayed, possibly because they thought the longer they waited, the greater the chance that the spot price would move up.
6. The PFS disappointed investors
7. An obvious concern is the dwindling cash in the NXE bank account. There is much trouble ahead to solve that problem with big debt payments.
8. Investors have very little confidence in NXE management to keep this company alive. Leigh is perceived as a feather weight in a world of heavyweights. Leigh inspires NO ONE.