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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

Post by investornoton Mar 07, 2024 4:32pm
150 Views
Post# 35921389

MD&A doesn't hurt

MD&A doesn't hurtNXE is moving forward but IMO the momentum in the short term will be the attention being given to the uranium market as a whole and the rebounding of CCO in particular. 

The MD&A is good but largely a repeat of what we already know. The numbers based on $100/lb are staggering and that may even be lower than what is yet to come! I still see the potential breakout for NXE independantly to come with Federal approvals and advancement of the permits and funding for the mine. 2024 should be an excellent, interesting and profitable year. 

If things unfold as I suspect I will find my exit point sometime in 2024, though I am becoming more convinced to keep some shares for the long term. Someting I can pass on to the grandkids down the road. GLTA
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