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  5. NXE: Are they facing cost overruns ? [NexGen Energy Ltd.]
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Q: Are they facing cost overruns ? When will they be in production ? Where is their mine ? What country. RAK
Asked by bob on August 12, 2024
5i Research Answer:

NXE's main assets are in Saskatchewan. From the company: We would expect production at the end of 2027, early 2028.  Capital costs are now estimated at $1.6B, up from $950M estimated a few years ago. Operating cost projections have nearly doubled, to $10/pound from $5.14/pound. Rook I would still be one of the largest and lowest cost producers globally, however.