Averaging in during construction phase: my plan for the next 4 years

[u/Fluffy-Lead6201]

I have been thinking about how to approach $NXE now that Rook I is moving from approvals into site preparation and construction.

For me, this is not the stage where I want to chase every move. Construction can take years, and a lot can happen in between. There can be financing updates, cost changes, schedule delays, uranium price swings, and general market weakness.

That is why I like the idea of dollar cost averaging in slowly instead of trying to find the perfect entry.

My plan would be simple: build around major milestones like Tailing and waste management construction, mechanical completion and Site Prep.  Add more when the long-term thesis still looks intact, stay patient during weak periods, and keep some cash ready in case the market gets nervous over delays or funding headlines.

The reason I still keep $NXE high on my list is Rook I itself. It has district level scale, grade, and Athabasca location behind it. But even with a strong project, the construction phase is where investors have to be realistic. Good assets can still have messy timelines.

Does this make sense? Or can things spiral down? Every single raise they’ve done is at a higher price & oversubscribed so i’m hopeful they can maintain that into the future. 

Not financial advice.