SLX 5.50% $3.61 silex systems limited

Nuclear Power Related Media Thread, page-5265

  1. 20,246 Posts.
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    It sort of makes sense now, remember when they pulled out of the IRA for some of that
    $700 million, It was a disappointment when GLE pulled the plug, they had to be making something at Wilmington surely and I reclon it was LEU+, but I can now see why, and why they have a large PERMANENT workforce at Wilmington and why the commercial pilot will be producing AFTER they prove up the commercial plant not as part of GLE but as Silex and GEH under the original concept.
    Remember that Cameco have a large slice of Westinghouse, and we now see they have permission to make LEU+ to around 6% and maybe even 8% for these new pellets for new reactors.
    I can now see Cameco wanting their extra percentage of GLE it all makes sense now, and I reckon they will build a NORTH AMERICAN plant to supply fuel to north America and the UK, and maybe even other parts of the world, and the Wilmington plant will remain in operation to enrich the Uranium component to LEU, not sure here but the fact that the US said it won't allow UNF derived LEU to be enriched to LEU+ may have been to protect other enrichers in the US from someone like a monopoly like GEH from supplying all of the LEU+ in the US which I rekon they could but I will bet London to a Brick they (GEH) will be supplying their own newly built reactors.
 
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