Interesting to see the significant share price recovery in the train wreck of NUScale (SMR NYSE) 8% today. Noting it has been in some wild swings from near death to some almost inexplicable highs. NOT A SHARE RECOMENDATION!
"Technology Commercialization and License Agreement, and under the SILEX Cooperation Treaty signed in 2000 by the Australian and US governments." is old
"The multipurpose PLEF plant has three commercialisation options: the production of natural grade UF6 (containing 0.7% uranium-235) from the processing of depleted uranium; the production of low enriched uranium (LEU) containing up to 5% U-235 and so-called LEU+ (with U235 assays from 5% to 10%) from natural UF6 to supply enriched uranium fuel for existing reactors; and the production of high assay LEU (HALEU) (up to 20% U-235) to supply fuel for next-generation advanced small modular reactors.
Show the flexibility already in place we have is 2022 Buy a high risk 10 plus year multi billion dollar possible future uranium mine or sit back and enjoy the just one of the likely outcomes "The plant's annual output of up to 5 million pounds of U3O8 (1923 tU) is equivalent to one of today's top-ten uranium mines by production volume, GLE says."
The wash of the markets over the massive Japan Carry Trade, Interest rates or political contests is just a side show for the amazing and hard-working scientists and engineers working to bring this online now.
SLX Price at posting:
$3.50 Sentiment: Buy Disclosure: Held
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