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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

Comment by Kangaroo123on Jun 12, 2021 10:59pm
150 Views
Post# 33378733

RE:Imagine

RE:ImagineIndeed it is investornot. Arrow is a giant deposit with a proven resource base. They start the licensing process with the CNSC in the second half of this year then it will be full steam ahead to build the mine. Easily debt financable with a payback of just 9 months at $50/lb. This company is a 10 bagger for me already so I am absolutely delighted with its performance. As you say much more to come. With all the other exploration sites this company has (Harpoon, South Arrow etc) this stock still has a long way to go yet. I recall a few years ago all the naysayers on this site. I am betting they wished they had this stock when it was cheap. Patience is all you need once you have found a winner like NXE.
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