Pumped And Ready To Go!!! - MGA - Revised Capital Cost C$2.2 Billion /USD$1.58 Billion (C$/US$ 0.72)
- Average Annual After-Tax Net Cash Flow (Years 1-5) of C$1.93 Billion(at US$95/lb U3O8)
- Consistent Mine Life and Production Capability up to 30 Million Pounds U3O8 Annually
- Elite Environmental Plan Incorporates Reclamation during Operations resulting in minimal C$70 Million Closure Cost.
VANCOUVER, BC, Aug. 1, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today an update to the initial capital, sustaining, and operating cost estimates for the Company's 100%-owned Rook I Project (or "the Project"). The estimated pre-production capital costs ("CapEx") are Canadian Dollar ("C$") C$2.2 billion / US Dollar ("USD") $1.58BN, with an average cash operating cost ("OpEx") over the life of mine ("LOM") estimated at an industry leading C$13.86/lb (USD$9.98/lb) U3O8. Sustaining capital costs ("SusEx") were also updated and are estimated at C$785 million (average of ~C$70 million per year), inclusive of closure costs of approximately C$70 million. The change in costs reflects both inflationary changes as well as the significant advancement of engineering and procurement, optimized constructability, and enhanced environmental performance.
VANCOUVER, BC, Aug. 2, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its 2024 second quarter conference call on Thursday, August 8, 2024, at 8:30 am Eastern Standard Time.
During the call, NexGen's President and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter will provide an update on the Company's 100% owned Rook I Project (the "Project") covering all aspects including Federal permitting, project development and procurement, updated economics, exploration at Patterson Corridor East, treasury, together with current market dynamics and marketing strategy.
Call-in Details:
Date: Thursday, August 8, 2024
Time: 8:30 am Eastern Standard Time
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