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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 FredBPon May 08, 2024 5:07pm
205 Views
Post# 36029795

RE:NXE news

RE:NXE newsIt really is a headscratcher. I don't think the news release from NXE does much of a job of explaining the purchase. Therefor people speculate. I see other comments here where people are speculating or musing over why. We should not have to do that.

I am looking for clearer language from the CEO. Perhaps an actual example or two of how this fits in. Given the price hit today it is obvious the market doesn't understand it any better than I do. Perhaps the market is  suspect as to why a mining company would need a stock of product they intend to produce in the futre. This act really needs to be better explained by Nexgen.

F.
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