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  5. NXE: With msft, googl and amzn going for Nuclear Power, When will NXE come on stream and how many pounds production a year, i understand it will be huge . [NexGen Energy Ltd.]
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Q: With msft, googl and amzn going for Nuclear Power, When will NXE come on stream and how many pounds production a year, i understand it will be huge .

Is it the best play right now or are there others you prefer ? RAK
Asked by bob on October 22, 2024
5i Research Answer:

Depending on permits and other factors, NXE has indicated 'early 2028' as a possible production timeframe. Note, we typically add 9 months to 12 months to any company forecast. It is very rare for a timeline to be met in the industry. Production is expected at 21.7M pounds annually. We would consider it the best non-producer right now in the sector.