Streetwise Reports Examines the Uranium PEA that One Cantor Fitzgerald Analyst Says is 'the Best We Have Ever Seen'

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Streetwise Reports Examines the Uranium PEA that One Cantor Fitzgerald Analyst Says is 'the Best We Have Ever Seen'

SAN FRANCISCO, CA--(Marketwired - August 04, 2017) - Analysts following a Canadian company that recently released a preliminary economic assessment of its uranium prospects in the Athabasca Basin are all aglow with the results.

Included in this article is: NexGen Energy Ltd. (TSX: NXE) (NYSE MKT: NXE) (NYSE AMERICAN: NXE)

NexGen Energy Ltd. announced its maiden preliminary economic assessment (PEA) of the "basement-hosted" Arrow Deposit on July 31. In its press release, the company outlined the following highlights:

  • After-Tax Net Present Value (NPV8%) = CAD $3.49 Billion
  • After-Tax Internal Rate of Return (IRR) = 56.7%
  • Average Annual Production (Years 1-5) = 27.6 M lbs U3O8
  • Average Annual Production (Life of Mine) = 18.5 M lbs U3O8

Based on a uranium price of $50/lb, the company anticipates Saskatchewan royalties over the life of the mine of CA$2.98 billion.

The PEA "is based on the mineral resource estimate announced by the Company in March 2017. . .that comprised an Indicated Mineral Resource of 179.5 M lb of U3O8 contained in 1.18 M tonnes grading 6.88% U3O8, and an Inferred Mineral Resource of 122.1 M lb of U3O8 contained in 4.25 M tonnes grading 1.30% U3O8," the company stated. "The PEA does not include the results of the Company's winter or summer 2017 drill programs, which will total over 66,000 m of additional drilling."

Continue reading this article: Cantor Analyst: 'This Is the Best Uranium PEA We Have Ever Seen'

About Streetwise Reports -- The Energy Report

The Energy Report shares investment ideas for the oil & gas, renewable and alternative energy industries. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

NexGen Energy Ltd. is a billboard sponsor of Streetwise Reports. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.

The full disclosure is provided at the end of the published article: Cantor Analyst: 'This Is the Best Uranium PEA We Have Ever Seen'

For more information, contact:
Carrie Beal Amaro
Associate Publisher
Email contact

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