One obvious item on this new term sheet that hasn't seen much discussion is the prospect of ramping back up development and moving to commercial deployment.
With a deal signed, when/if the u market recovers and Silex feels that finance is in order. Then with a 51% share in GLE it is Silex and now not less enthusiastic partners that get to press the go button on this. Nice to know that the GLE ship may be steered by a group
firmly committed to an ongoing nuclear industry.
Really both silex and cameco have no other real alternatives but to remain participants in the success of nuclear
Ann: Silex and Cameco sign new Term Sheet with GE-Hitachi, page-25
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