Roland Vetter's questions to Nexgen Energy Ltd (NXE) leadership • Q2 2024
Question
Roland Vetter asked how NexGen structures utility contracts to mitigate financial risks from potential production delays and pressed for a more precise production start date.
Answer
CCO Travis MacPherson explained that pre-permit contracts will be tied to the start of commercial production, which will be defined by specific tests, thus mitigating financial risk from timing uncertainty. CEO Leigh Curyer reiterated the 40-month construction timeline post-final approval and stated that the ability to enter into more definitive contracts increases as permitting and construction milestones are achieved.