Paducah was already well and truly into the design phase in the middle of last year, the design would not have changed except for the scaling up of separator and gas handling equipment perhaps? that may have required some re work due to the ownership of some IP.
Paducah was almost at the tendering stage when everything got put on hold, mainly because of the term sheet.
I firmly believe that Paducah would have gone ahead anyway, irrespective of the price of Uranium and it's enrichment, it is in my opinion a US Government push for it? read this section from the last operational update, the wording almost hints of this IMHO?
"Subject to the successful completion of the GLE restructure, the commercialisation program will progress at a prudent pace, with the anticipation that it could be ramped up again as market conditions improve."
I read this as Paducah was going ahead anyway and the output from Paducah is set at a yearly rate anyway? if they were to provide more enrichment then I believe that will happen at Wilmington and it will be for HALEU production, that may require a better market maybe? but Paducah is for other reasons beyond the price of Uranium, it is all about the US getting nuclear fuel security and also cleaning up some of their nuclear waste from at least two sites and maybe more?
I believe the plant at Paducah will cost around US$ 1 Bn, the US DoE are going to put some money up, and I reckon a US loan guarantee will be required for the rest? but Cameco has plenty of cash so maybe they could fund it to a large extent with perhaps repayments by Silex from any future profits and royalties they get their way.
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