Bocky - you a right about the lower tails assay - I was trying to be conservative and using a typical centrifuge tails assay. In addition for the early production of NUF6 at the PLEF I would expect GLE to select that higher assay tails (some we over .4% 235U) for initial production which should reduce the AISC (a bit like a miner using high grade material for startup). The risky bit will getting the NRC approvals (for PLEF) for commercial production at the PLEF in 2028 as others have said the NRC is proud of it's reputation for being about the world's most pedantic regulator. What most investors under estimate is the ability for Silex technology to scavenge the last bit of 235U out of the tails feedstock. No doubt the Silex technology will also improve (i.e the AISC go down) with experience and innovation once production starts.
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