SLX (ASX) Nuclear Power Related Media Thread

Originally posted by seawindpilot: ↑

You are not listening or even doing basic research.
The so called deal with Gates is worth absolutely zero. look at the terms of the deal. Gates is only covering all bases just in case.
ASP are not licensed in the highly regulated uranium space. It has to do with international treaties relating to no proliferation. ASP is or was a defunct South African outfit cottoned onto by some highly suspicious nobodies and have been accused of committing a huge fraud see

https://fuzzypandaresearch.com/category/asp-isotopes/
and then google ASPI fraud

They are not on the DOE's list of 6 that have been selected under the $3.4 billion LEU RFP. see

https://www.ans.org/news/article-6623/does-six-leu-contracts-add-two-laser-enrichers-to-the-haleu-lineup

Gates requires HALEU and there is only 1 company currently able to supply very limited amounts and that is Centrus. SLX can and will produce HALEU when they determine there is a market for it. Up until now Russia was the only country producing it.

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SWP - It's also worthwh ile note the technology that ASPI are proposing to use for uranium (and Ytterbium) enrichment is AVLIS which was rejected by the USA (actually USEC) around 1999 after considerable expenditure by the USA (see HERE) and Silex was continued with until 2003 (when it was also dropped under pressure from Oak Ridge NL (ORNL) who had a large centrifuge section). Thereafter GEH picked up SILEX in 2006 when the perceived alternative laser technology was AVLIS (according to MG that was how our royalty percentages were formulated). The major issues with AVLIS (apart from high capex) was:

1. Throughput (uses low pressure uranium vapour) was poor
2. Corrosion problems due to the high uranium vapor temperature (see HERE)

Apart from the considerations you outline IMO the ASPI technology is unlikely to be a viable competitor to Silex and also uses uranium metal as feedstock which is more expensive than UF6 (and certainty UF6 tails)