Core Viewpoint - NexGen Energy Ltd. has initiated a significant exploration drill program of 43,000 meters at the Patterson Corridor East (PCE) to expand on the mineralization discovered in early 2024, marking a 9,000 meter increase from the previous year's program [1][3] Exploration Program - The 2025 drilling program aims to test the extents of the mineralized footprint and investigate high-grade zones within the PCE area [2] - Initial results from the 2024 campaign showed that 19 out of 30 holes intersected mineralization, with 10 holes revealing high-grade mineralization exceeding 10,000 counts per second (cps) [2] - The mineralized footprint at PCE has expanded to 600 meters along strike and 600 meters vertically since its discovery [1] Financial Position - NexGen Energy is well-funded with over $800 million in cash and liquid assets, supporting both the Rook I Project and the PCE exploration program [3] Company Overview - NexGen Energy is focused on developing clean energy fuel, with its flagship Rook I Project positioned to become the largest low-cost uranium mine globally, adhering to high environmental and social governance standards [4] - The company is headquartered in Vancouver, British Columbia, and operates primarily in Saskatchewan, Canada [5]

Core Viewpoint - NexGen Energy (NXE) has seen a 4.2% increase in share price over the past four weeks, closing at $7.20, with a potential upside of 38.9% based on Wall Street analysts' mean price target of $10 [1][9]. Price Targets and Analyst Estimates - The mean estimate consists of 10 short-term price targets with a standard deviation of $0.63, indicating variability among analysts [2]. - The lowest estimate of $8.76 suggests a 21.7% increase, while the most optimistic target is $10.80, reflecting a 50% surge potential [2]. - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [7]. Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about NXE's earnings prospects, with a strong consensus on revising EPS estimates higher, which correlates with potential stock price increases [9]. - Over the last 30 days, one estimate has increased, leading to a 27.3% rise in the Zacks Consensus Estimate for the current year [10]. - NXE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11]. Caution on Price Targets - While price targets are often sought after, they can mislead investors, as empirical research shows they rarely indicate actual stock price movements [5][6]. - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6]. - Investors should treat price targets with skepticism and not rely solely on them for investment decisions [8].

Group 1 - NexGen Energy (NXE) shares have increased by 5.6% over the past four weeks, closing at $7.79, with a mean price target of $9.97 indicating a potential upside of 28% [1] - The average price target consists of 10 estimates ranging from a low of $8.76 to a high of $10.80, with a standard deviation of $0.65, suggesting a relatively high agreement among analysts [2] - Analysts have shown increasing optimism regarding NXE's earnings prospects, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][9] Group 2 - Over the last 30 days, two earnings estimates for NXE have been revised upward, resulting in a Zacks Consensus Estimate increase of 27.6% [10] - NXE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [11] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a useful guide for potential price movement [12]

Commodity Supercycle and Investment Opportunities - The Natural Resources Hub offers exclusive access to high-impact investment opportunities in the ongoing commodity supercycle, focusing on hidden gems with multi-bagger potential [1] - The platform provides weekly newsletters, in-depth analyses, trade alerts, model portfolios, and a community for sharing investment ideas [2] NexGen Energy Ltd (NXE) Uranium Sales Agreements - NexGen Energy Ltd signed its first uranium sales agreements with multiple US utilities on December 4, 2024, to supply 1 million pounds per year of U3O8 from 2029 to 2033 from its Rook I project [2] - The company aims to uncover undervalued opportunities in the energy and mining sectors with multi-bagger potential [2] Investment Focus and Resources - The platform emphasizes identifying dividend growth opportunities in long-term growth industries [2] - Members gain access to proprietary research, trade alerts, and direct interaction with the analyst [2]

Core Viewpoint - NexGen Energy Ltd. has secured its first uranium sales agreements with leading US nuclear utility companies, which incorporate market-related pricing mechanisms, aligning with the company's strategy to maximize value in the strengthening uranium market [1][2][5]. Company Overview - NexGen Energy is focused on delivering clean energy fuel, with its flagship Rook I Project positioned to become the largest low-cost uranium mine globally, adhering to high environmental and social governance standards [6][7]. - The company is headquartered in Vancouver, British Columbia, and operates primarily in Saskatchewan, Canada, providing long-term economic, environmental, and social benefits [6][7]. Sales Agreements - The newly awarded contracts reflect NexGen's strategy to leverage future uranium prices, with expected gross sales revenue based on various assumed spot prices for uranium [2][3]. - The agreements include a total of 1 million pounds of U3O8 per annum, with realized weighted average prices projected to range from $79 to $150 per pound from 2029 to 2033 [3]. Market Context - There is an increasing demand for reliable energy sources, particularly in expanding nuclear energy infrastructure and data center construction, amid significant risks to uranium supply [4]. - Ongoing discussions with additional US, European, and Asian utilities indicate a strong market position for NexGen, enhancing its financial stability and readiness for construction at the Rook I Project [5].

Group 1: Stock Performance and Price Targets - NexGen Energy (NXE) shares have increased by 10.8% over the past four weeks, closing at $8.31, with a mean price target of $10.47 indicating a potential upside of 26% [1] - The mean estimate consists of 11 short-term price targets with a standard deviation of $1.79, where the lowest estimate is $8.76 (5.4% increase) and the highest is $15.54 (87% increase) [2] - A tight clustering of price targets, indicated by a low standard deviation, suggests a high degree of agreement among analysts regarding the stock's price movement [7] Group 2: Analyst Sentiment and Earnings Estimates - There is increasing optimism among analysts about NXE's earnings prospects, as evidenced by strong agreement in revising EPS estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, three earnings estimates for NXE have moved higher, resulting in a Zacks Consensus Estimate increase of 38.2% [10] - NXE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [11] Group 3: Caution on Price Targets - While consensus price targets are often sought after, their reliability as indicators of stock price direction is questionable, and investors should approach them with skepticism [3][8] - Analysts may set overly optimistic price targets due to business incentives, which can lead to inflated expectations [6]

Core Points - NexGen Energy Ltd. has successfully completed the final Federal technical review for its Rook I Project, a significant milestone in the Federal Environmental Assessment process [1][2][3] - The completion of the Federal EA technical review follows the Provincial EA approval received in November 2023, positioning Canada to re-establish itself as a leader in global uranium supply [3][6] - NexGen is prepared to commence major site works with over $800 million in cash and liquid assets, pending a positive Commission decision [6] Company Overview - NexGen Energy is focused on developing clean energy fuel, with the Rook I Project being positioned as the largest low-cost uranium mine globally, adhering to elite environmental and social governance standards [7][8] - The company is headquartered in Vancouver, British Columbia, and operates primarily in Saskatchewan, Canada [9] - NexGen aims to address global challenges in decarbonization, energy security, and access to power through its projects [8]

Financial Data and Key Metrics Changes - NexGen Energy maintains a strong financial position with approximately CAD 540 million in cash and CAD 34 million in strategic uranium inventory [23] - Interest from the financial sector has intensified following Climate Week in New York, with 14 global financial institutions signing on to the declaration to triple nuclear energy [23] Business Line Data and Key Metrics Changes - The Rook 1 Project is advancing well, with substantial progress in detailed engineering, procurement, training, and development [12] - The Patterson Corridor East (PCE) drilling campaign has completed over 34,000 meters across 46 holes, with significant mineralization discovered [16][18] Market Data and Key Metrics Changes - The nuclear energy sector is experiencing unprecedented demand, particularly from major tech companies recognizing nuclear energy as critical for future operations [5][10] - The global uranium supply is fragile, with 70% of the world's mine supply hosted by countries in military conflict, necessitating immediate development of new mines [7][9] Company Strategy and Development Direction - NexGen is focused on advancing the Rook 1 Project while maintaining a commitment to sustainability and community initiatives [4][20] - The company is negotiating multiple offtake contracts with global utilities, reflecting strong demand for future production [26][27] Management's Comments on Operating Environment and Future Outlook - Management is confident in the regulatory approval process for the Rook 1 Project, with expectations for a commission hearing and subsequent license decision soon [12][29] - The company is well-positioned to lead the nuclear energy resurgence, with Rook 1 representing a high-quality uranium project in a Tier 1 jurisdiction [29][30] Other Important Information - The broader nuclear landscape is evolving favorably, with countries like Switzerland, Japan, South Korea, India, and China advancing their nuclear expansion plans [10] - NexGen's community engagement and education programs have expanded significantly, receiving recognition for their positive impact [22] Q&A Session Summary Question: Details on the review process and construction timeline - Management indicated that there are very few aspects left to conclude in the review process, and they are confident about the timeline for construction once approvals are received [33][35] Question: Changes in offtake discussions - Management reported that they have not experienced a slowdown in offtake discussions and are actively engaged with multiple utilities [36][37] Question: Status of the permitting process - Management confirmed that the CNSC is nearing conclusion of the permitting process and has not indicated any outstanding issues [39][40] Question: Timing for offtake contracts - Management stated that the ongoing negotiations for offtake contracts are advanced and could potentially be finalized before the end of the year [47][51] Question: WMC's role as exclusive marketing partner - Management expressed that WMC's expertise and relationships in the uranium marketing industry will enhance NexGen's position in the market [54][65] Question: Concerns about skilled labor and supply chain delays - Management reassured that they have been proactive in training local labor and have established programs to ensure a skilled workforce is available for the project [86][88]

Group 1 - The recent drilling results at the PCE site have revealed a high-grade mineralized zone, particularly in drill hole RK-24-222, which intersected a 17.0 m wide vein with multiple occurrences of off-scale mineralization exceeding 61,000 cps [1] - The high-grade sub-domain now extends 100 m along strike and 170 m in depth, indicating potential for further growth in all directions [1] - The PCE system's materiality has been elevated, with the new zone located only 3.5 km from the world-class Arrow deposit, enhancing NexGen's portfolio in the Athabasca Basin [2][3] Group 2 - NexGen is focused on advancing the Rook I Project while expanding exploration at PCE, demonstrating a commitment to maximizing the potential of the uranium district amid increasing global demand for clean energy [3] - Assays from the disclosed intersections are anticipated in Q4 2024 and Q1 2025, with exploration activities set to resume in January 2025 [3] - The exploration program at PCE is being planned to capitalize on the evident prospectivity for material growth [3]

EXHIBIT 99.1 Condensed Interim Consolidated Financial Statements September 30, 2024 and 2023 (expressed in thousands of Canadian dollars) - Unaudited NexGen Energy Ltd. Condensed Interim Consolidated Statements of Financial Position | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------|-------|--------------------|-------|----------------------|-------|----------------------| | (expressed in thousands of Canadian Dollars) - Unaudited | | Septem ...