- Argonaut has initiated research on NexGen Energy (ASX:NXG, NYSE:NXE, TSX:NXE)
- NXG’s primary asset is the Rook I project, located on the south-western margin of the Athabasca basin
- The high-grade Arrow deposit is hosted within stable crystalline basement, allowing exploitation through conventional underground mining methods
- Our financial modelling of the proposed Rook I development has confirmed robust economic outcomes
- Rook I is a strategic asset that could transform its owner into a top tier U3O8 producer
- We expect future exploration success will yield additional discovery value to shareholders
- We provide an in-depth analysis on the state of uranium and the nuclear industry in our accompanying Uranium Sector Research
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