SLX silex systems limited

I have my doubts that GE will be getting out of GLE completely?...

  1. 20,536 Posts.
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    I have my doubts that GE will be getting out of GLE completely?
    I have seen it written by a number of different sources that GE said they were lowering their holding, not getting rid of all of their holding in GLE?

    Just the way that GLE is set up means that GE can still control what GLE does even if it holds less than 50% of GLE.

    I did show you this on a PDF document about the GLE license.

    The way it is written is that the only people who can vote on what GLE does, have to be US citizens for a start, they also have to have all of the clearances to this top secret technology and they also have to be approved by the US government, at the moment the only people who can vote on anything related to GLE are GE people, Silex won't get a vote, Cameco don't, any of the existing enrichers won't, simply because they are not a US company, even if another US company joined? they may not get a chance to vote either?
    I don't see that changing any time soon?
 
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