Thanks Bob I didn't notice a guy sitting behind me without his shirt on, must be blind. Say hello next time.
"Closing of the now executed Agreement will be conditional on obtaining US Government approvals and on the 2016 GLE-DOE Sales Agreement (for GLE’s purchase of DOE tails inventories) remaining in full force and effect."
"To this end, Silex, Cameco, GEH and the DOE have negotiated terms for an amendment to the GLE-DOE Sales Agreement involving changes to certain provisions and timelines which re-align the agreement to current market conditions. Execution of formal documentation for this amendment is expected in the next few months." (Silex announcement 16th December)
Is the "Execution of formal documentation" the Silex submission to DOE, or is it the DOE approval? If it is the Silex submission then bugger it could be 9 months (lets hope not)' the grey hairs are becoming more abundant.
SLX Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
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