Silsmart, the US DoE sold the Uranium rights to the UF6 to GLE not Silex, Silex will make some money for sure but only a percentage of the profits and possibly a little bit of the GLE pie as well? depending on what percentage they take up?
I reckon there has to be something more behind this?
Yes it was a vote of confidence by Global X, because as of yet there has not been an announcement when or if Paducah will start, I reckon it will though and it would appear that Global X seems to think so as well?
But for something that is yet to be confirmed either way, they sure as hell seem to be very confident and also very interested, there could be more to this than just Paducah I reckon?
Global X Uranium ETF, page-12
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