Shaw and Partners Uranium Conference September 2024- Silex
- Interviewer- "What stage are we up to now...? MG- "We have largely finish commissioning and we had loaded UF6 into the test loop facility... At this point in time we are still aiming to completing the demonstration by the end of this year...They will be coming into assess the results of the pilot plant demonstration later this year as we move through that testing...The ultimate end point will be a report that the independent consultant will compile and then submit to the owners Silex and Cameco on the results of the TRL6 demonstration...We estimate that will take 3-6 months so we don't control that it is up to the engineering consultant..."
-Interviewer " The declaration if you like of TRL6 won't occur until after that report is in and reviewed.. so the point when TRL6 is actually declared maybe the middle of next year?"
-MG "I'm not saying that, I'm saying we will be starting...we've loaded the UF6, we are undertaking the testing through the balance of this year, the independent consultant will come in and start assessing the testing before it is concluded and they will tell us when enough testing has been done, we estimate that will take 3-6 months."
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$6.01 Sentiment: Buy Disclosure: Held
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(20min delay)