Jefferies backs NexGen on Arrow uranium deposit output outlook
Jefferies initiated bullish coverage of NexGen Energy, citing the Rook I high-grade uranium project in Canada. The firm said Arrow can underpin production of 28 million lbs a year.
Jefferies has turned bullish on NexGen Energy, citing the Rook I high-grade uranium project in Canada. The project, one of the world’s largest undeveloped uranium developments, includes the Arrow uranium deposit. Jefferies said Arrow could support an operation producing 28 million lbs a year.