If ARC and Prism is the future - one might argue that there is no need for an enrichment plant as such? However, if Silex is needed for ARC and Prism, might it not come to pass that they will be earning royalties sooner via ARC and Prism?
From a GLE perspective it makes no sense to tell any body what their plans are because now they have all the power - whether that an SLX takeover, or for DoE negotiating strength re Paducah plant and tails.
I simply take the view that the Silex process and royalty stream is worth a hell of a lot more than the $20M or so it is now being priced at. I could be wrong - it could be worthless. But I doubt it. And as I have a long investment time horizon - I will simply rise and fall with the ship that I sail on.
If ARC and Prism is the future - one might argue that there is...
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