Fair enough William. If Silex were a sure thing then you would think that Cameco would have bought that extra 25% of Gle by now. They havn't yet, and i reckon they may be waiting for Trl6 to happen before they do. That said, I don't think that there is a realistic chance that Silex or Cameco will give up on achieving Trl 6 this year. If when they finish testing, start the demonstration and it isn't successful, they will try to engineer a solution. It is their only real option. Nina from Gle said publicly the other week that large scale demonstration will start soon. Why would he stick his neck out and say that if it was unlikely to happen soon? Especially given the conservative nature of his bosses. Personally, despite what you have said being a fair opinion, I'm actually getting more comfortable with my investment over the last two months than before. If/when Trl 6 happens I think the Sp will quickly climb towards that sp figure you mentioned.
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