Here's a good article outlining the state of play of uranium...

Here's a good article outlining the state of play of uranium enrichment.
As far as Silex seems to be tied by investors to the fluctuating spot uranium price and with the probable effect on Gle's current value, it is probably worth noting that if Gle get a plant built in Paducah, it makes no sense to stop at just (about)2mill swu of tails reenrichment.
There will be a market for at least 6mill swu of leu and possibly a further 2mill swu of Haleu.
So 8mill swu of production would be tied to to the long term Swu price ($155 and climbing) and of that 2mill swu of tails, I think it would only be tied to the long term uranium price not the spot price. It also attracts a significant premium from the uf6 conversion price.
So my two points are that spot uranium price alone maybe makes little difference to the real value of Gle so long as the term price continues to remain above the point that gives a good return on capital ( and i think its way above that). The Swu price, is to me, really the one to watch for Silex/gle value.
Of course a succesfull pilot plant test program is essential for Gle, the sooner the better.


https://news.bloomberglaw.com/environment-and-energy/nuclear-fuel-funding-deal-confronts-global-market-uncertainties