Read this today "TRL 6 represents the true beginning of the engineering development of the technology as an operational system. The major difference between TRL 5 and 6 is the step up from laboratory scale to engineering scale and the determination of scaling factors that will enable design of the final system. "
From our AGM presentation slide 18
"TRL-6 Pilot Demonstration Project: • Pilot demonstration facility is operational with preliminary testing underway • TRL-6 technology demonstration includes completion of an independent assessment and submission of a report to GLE’s owners, Silex and Cameco • Commencement of independent assessment currently scheduled for early CY 20252 • TRL-6 Pilot Demonstration Project still anticipated to be completed well ahead of the original schedule of end of CY2025 1. All scheduling is tentative and depends on progress and delays – subject to change at any time SILEX Technology Process Diagram 2. Timing for testing duration and completion of assessment will be determined in consultation with the independent engineering consultant"
While GLE and others still say no later than 2030 the surprise on the date will be sweeter if much earlier than that of course.
"An efficient review of the PLEF license application will support GLE's commercialization decision and help maintain a deployment target of no later than 2030. " This is from GLE News 31 December 2024 GLE-Environmental-Report-Submission.pdf
My thought is the report may already be with 'GLE’s owners, Silex and Cameco' Tick Tick tick
SLX Price at posting:
$6.00 Sentiment: Buy Disclosure: Held
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(20min delay)