All signs are now that Cameco will be the commercial partner for SLX.
New information is that GA will not be making a bid because they have eyes on taking over USEC who are financially strapped. Ga are also part of the consortia building the Lead Cascadces for USEC.
That only leaves GE as the wild card.
Why cameco.
They are one of the Worlds biggest N players and the only area that they are not in is U enrichment.
They have stated that they want to get into enrichment. The delay in slx announcments is because everything they do has to be run tghrough the Protocol treaty and be approved by both the US and OZ govts first. That takes time and is outside of the control of the companies. (look how long it took to get Condeleze Rice to allow DD to begin.
Cameco are Canadian. The treaty also says (article 3) that any use of SLX laser enrichment outside of the USA will need an amdment to the treaty.
Howard is in Washington now and then golng on to Canada. It is all top level Govt stuff.
Expect an announcment this week which will name Cameco and Howard and Bush signing amendments to the treaty. The time is close to what SLX have said.
My research only take no notice and do your own.
SLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
