It's not Cameco holding up the extra 26% sale, it isn't because they are unsure, it is Silex holding up the sale of their 26%, they want to maintain control of Global Laser Enrichment until such times as a full commercial operation is running, because it is only then that they can establish just what percentage royalty Silex gets (MG seems to think it is on the higher side?) only when that is established and agreed to by Cameco and we get that on any future enrichment plants that are built into the future and the license is only for Uranium enrichment, not for any other purpose either, once that is established and we get the extra $20 million dollars as a milestone payment,
It is then and only then Silex would agree to ceede control of GLE to Cameco for a fair market price.
I don't believe that Commercialisation of the Silex process is being held up over any of that, it seems obvious to me that the US is concerned about a sustainable supply of HALEU something that needs to be found quickly is what I am reading, I don't reckon Centrus will cut the mustard there some how?
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