Ann: GLE Submits Response to DOE HALEU RFI, page-125

I look at Silex as a multi opportunity, we have potential to earn revenue from 5 strong streams
1. tails enrichment at Paducah, MG stated as our path to commercialisation of the Laser, and probably at this point in time our strongest .
2. Zero Spin Silicone which seems to be progressing very nicely, but hard to quantify because it relies on Quantum Computer development.
3. Semi conductor with IQE again at the mercy of a third party and currently on hold.
4. LEU which maybe desperately needed if they wish to get away from Russian supply, which is a must.
5. HALEU which could be the stimulus we need to apply acceleration to the development the commercialisation of the laser. I think it's a matter of waiting for the enrichment function which is under the most pressure to provide the acceleration, and I think that might be HALEU. We will see.
After these 5 there is another opportunity that may come out of left field, as did so Zero Spin Silicone and that is Medical Isotopes, which could be huge. Who knows?
So I see a bright future for Silex and I am very confident in MG and the board. They have steered us through some very tuff times, and got us through 10 very dark years. Money is in the bank and we have managed limited capital raises, hence a small share register. Good luck.