Nuclear Power Related Media Thread, page-5703

I don't think the DOE will just allocate the LEU funds as you appear to suggest.

Having seen the HALEU announcement I think we may get an LEU contact for a few million dollars along with others and effectively an offtake agreement over say 10 or 15 years for the supply of LEU. The DOE will want to do this for optics to indicate that it's a competitive process on the basis that the party that delivers first will get lions share of the money on offer.

I also think they may offer loan guarantees but more importantly I think that a big chunk if not all of that $100 million for innovative new technologies will go to GLE.

I suspect GLE have known they are in the box seat for some time which is why they are employing so many people to get a commercial plant up and running fast.

I also agree that the signalling that GLE has been doing is to keep reminding public officials that they should be at the front of the queue for that $100 million if the US wants to accelerate a domestic source of "mined" uranium that doesn't require 15 years of environmental approvals.

I also can't helping thinking about General Matter Inc. that got some of the HALEU funding.

I'm wondering whether there may be some connection to GLE.

Moosey is convinced something is up in Wilmington.

We know that GLE has signed an offtake agreement with an undisclosed party.

General Matter Inc. seems to working on some sort of chemical process and there is some suggestion that the US may be considering the re-enrichment of spent fuel rods.

It's a long long bow but is there some connection and does that explain why GLE didn't bid for the HALEU funds.

@moosey may be you can help me connect my two dots.