SLX 1.48% $5.15 silex systems limited

Ann: GLE Executes Option Agreement to Acquire Land for PLEF, page-6

  1. 310 Posts.
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    The total budget is $US$54.5 mil. Slx Share US$27,795,000. However this is for everything going on not just land purchase see announcement

    "The CY2024 plan and budget involves an approximate doubling of GLE’s projectexpenditures compared to CY2023 (to up to US$54.5 million), and in addition toacceleration of the technology demonstration project, will allow GLE to progressother key commercialisation activities, including Paducah, KY site acquisitionactivities, NRC commercial plant licensing activities, and completion andcommissioning of the new GLE corporate and manufacturing facility inWilmington, NC"

    Chris Wilkes said at the AGM that the land acquisition was for the proposed HALEU area on the side of the DOE land. It was mostly recreational areas used for hunting so there needed to be some negotiations with stake holders to have the land repurposed.

    Again this is more proof that the Directors and insiders know full well that SLX Laser enrichment is going to happen. TRL6 is just a formality.
 
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