office of inspector general U.S. Department of Energy special report, page-8

First 8 Last

Share
Profile

Follow
pete11

10,478 Posts.

625

05/12/17

19:53

Post #: 29396636
Share

Originally posted by moosey ↑

Pete11, back when SLX was $8, the year was 2009, GEH intended using Silex technology to enrich RepU (Recovered Uranium ) from it's Advanced Recycling Center, that is all that the Silex technology was going to be used for, they could have used centrifuge technology if they wanted to? but the Laser Isotope Separation technology was and still is more efficient.
go to this link-:
https://secure.inl.gov/OECDNEAWS09/pres/Paulson_Pres_Sep2009.pdf
on page 7 of that document it shows what GEH intended to do, that was then, a lot has changed since then, I believe the LIS technology can now be a big part of the Advanced Recycling Centre itself, this can perhaps allow the recycled used nuclear fuel to be used in today's Boiling Water Reactors, the fuel that they would have been making back in the 2009 model could only be used in Gen IV reactors, it was very similar to what the Russians are doing now with their REMIX technology, the GLE model will be far superior if their Pilot plant at Wilmington is successful?

If the Wilmington Pilot plant can be shown to work, then that $8 you speak of will be a pittance to what SLX will get in the end, I am thinking at least $20 but possibly double that and more, if this GLE system proves up, then there won't be any other technology around now that could compete, it will make the use of Nuclear a no brainer, there will be very little waste to dispose of and the US will get to use the other 95% of the energy left over in the UNF, they wont have to buy any Uranium for hundreds of years and they won't need multiple Yucca Mountain type repositories either!

Expand

speaking to someone who hasent followed this for 10yrs, what approx. date do you put on SLX knowing if this new use for its enrichment technology will get the go ahead or not?
when will we know? 2018? 2020? 2022?
cheers.

SLX Price at posting: 49.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?