SLX 3.85% $4.50 silex systems limited

Ann: GLE and US DOE sign amendment to Sales Agreement, page-32

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  1. 1,354 Posts.
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    So we know know that the Doe is supportive of the GLE effort or they would not have committed those paducah tails. Those tails have significant value. (molten salt reactor aka Bill gates, smr as well as conventional reactor fuel). We know that a GLE paducah plant will produce on par with a "teir one" uranium mine in terms of cost of production. All really good, although what may not have been hilighted sufficiently is that low cost "tier one" performance is a world wide ranking. The US stands to have that asset owned by a US registered company producing product on us soil cheaper than most of their competitors. They don't have a mine to my knowledge in the US that is low production cost so no wonder the Doe is helping thing along.
 
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