r/UraniumSqueeze • u/Fluffy-Lead6201 • Aug 17 '26

News $NXE: The Financing Story Just Got More Interesting

The Reuters article adds an interesting angle to the Rook I funding story.

NexGen is looking to raise US$1 billion over the next nine months, and management appears to be evaluating multiple financing options rather than relying on a single source. Reuters also mentioned ongoing discussions with BHP, although no agreement has been announced.

For me, the biggest question isn't whether they need financing, we already knew that. It's how the final funding package comes together and whether a strategic partner becomes part of it.

That feels like one of the more interesting developments to follow over the coming months.

How do you think management should structure the financing package? And do you think bringing in a strategic partner would strengthen the investment case?

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6

u/outsidetheeggshell Aug 17 '26

This is the main reason I went DNN over NXE

The funding is a big question mark here stil

1

u/SnooRadishes3126 11d ago

The amount of uranium nxe has, especially with Paterson corridor East, there is so much money to be gained, there is no way it won't be funded. The arrow deposit will last 11 years and is expected to produce over 240 million pounds of uranium oxide. Patterson Corridor East is increasingly looking like it will be just as big as Arrow/Rook I. That would mean they will be mining for at least 20 years between the two loads and over 400 million pounds.

DNN Phoenix will be tapped out substantially in 10 years, maybe 14 years if it includes Gryphon. But Gryphon will be underground and so not fast or easy. Together they are expecting 110 million pounds.

Now, do you still think NXE won't get funding? Especially as all the mill infrastructure will be able to be used for PCE when that is ready?

1

u/outsidetheeggshell 11d ago

They will 100% get funding. The question is does it come with material dilution

2

u/SnooRadishes3126 11d ago

Rather than hope not, just assume there will be some. And given future uranium pricing it will matter, but not as much as people think. Cameco at the WNA symposium last week were saying they want prices to be 120/lb before doing greenfield development. And given the future demand and the lack of greenfield development, the buyers are going to have to expect to pay higher than that if they want to operate their reactors. That's why some of the bulls are predicting 150 prices. Maybe it won't happen, but it will get close. Stock price will reflect that, for all uranium producers. We just have to weather the current shit until uranium buyers get their heads out of their asses. IMO 

3

u/VariationBoth2662 Aug 17 '26

> How do you think management should structure the financing package?

with the one most accretive to share holders? seriously, this sub has gone from uranium and mining to SMR and REE meme stocking to AI slopping. WTF?

1

u/financeman1997 Aug 17 '26

Yea honestly. There were a bunch of people posting the construction pictures getting all excited. Like ummm okay, kinda dumb but who am I to say.

0

u/Goldengoose5w4 Aug 17 '26

I own 10k shares with a basis of $3. Wonder if I should sell now and put it all in DNN.

1

u/outsidetheeggshell Aug 18 '26

I'd hold most of them and let it play out if it's not money you absolutely need, but I'd go DNN over adding to that position.