SLX silex systems limited

Ann: Investor Presentation, page-13

  1. 5,149 Posts.
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    "GLE intends to participate in the bidding process for the LEU RFP, with bids due for submission by 9 September 2024"

    News on GLE website is a bit thin. News via Grant Issac was a bit more Generous. The take over of Westinghouse Nuclear by our partner and Brookfield renewable in 2022 "Oct 11 (Reuters) - Cameco Corp (CCO.TO), opens new tab and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy." was in my thoughts a Starters gun in the M&A.

    While we get a triple option via our technology for tails fuel recovery which is ready shortly and enrichment to shake up the current crew which is OLD tech
    "Orano broke ground on the expansion of its French enrichment facility this year. It expects to boost its global market share of enrichment services to 16% from 12%, when the project is completed by the end of the decade, the CEO said.Rosatom is the world’s largest enricher of uranium, with 43% of total production capacity, according to Orano. That’s followed by Urenco Ltd., a UK-Dutch-German group with a 31% share, and China National Nuclear Corp. with 13%."
    Orano boosts uranium mining and enrichment capacities as market tightens - MINING.COM

    I put other aspects of this in PDN thread. SLX is on a winner for ever with these more efficient and effective recovery and enrichment processes we have patented for ever!

    News incoming including the submission already submitted and the results at our GLE Paducah Laser Enrichment Facility (PLEF) and ". In addition to accelerating the technology demonstration project - which GLE anticipates completing this year "

    If your cynical types waiting to New years eve may be required. If we think the promised target of before the end of 2024 for results may be achieved hold on to your hats

    Outdated over investments in redundant technology is not a new story. Orano is possibly harnessing some horse when we are about to go on a moon shot and beyond in the Nuclear fuel and refining sector.

    I was supposed to be running a marathon today. Twinged a knee which stopped that. The news I saw via Uranium insider subscription was very welcome. Have a great Sunday all.

 
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