Silex has been informed that negotiations concerning the establishment of the Paducah Laser Enrichment Facility (PLEF) continue to proceed constructively, and that there is a reasonable probability of a negotiations concluding positively in the coming months. It is worth noting that Silex is not a party to these confidential discussions. Whilst we await an outcome from these negotiations, it is important to understand that this proposal involves the potential disposition of hundreds of thousands of tons of depleted tails inventories owned by the DOE over a 40 year period.
Now as a CEO I too would be erring on the side of caution with my remarks... so my less than conservative reading is this....
"It is likely that we will get the Puducah go-ahead within the month"
Excellent!
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