re: slx signs major deal with ge RoyaltyUpon deployment of...

re: slx signs major deal with ge Royalty
Upon deployment of commercial SILEX uranium enrichment plants, and for as long as the SILEX Technology is used, Silex will receive:
· A base royalty of 7% of revenues generated from enrichment services using the SILEX Technology.
· An additional royalty of up to 5% (taking the total Royalty to a maximum of 12%)
based on the total cost of deployment. The lower the cost of deployment, thehigher the royalty.



The global uranium enrichment market is currently worth approximately US$5 billion per
annum and growing. According to industry sources[2], the growth rate is expected to
increase over the medium term with the energy policies of many countries now strongly
influenced by the threat of global climate change and the pursuit of sustainable energy
policy in the context of liberalized electricity markets. Consequently, it appears that
nuclear power will become a major component of future clean energy supplies. In view
of this, the SILEX Technology is well positioned to capitalise on the increasing demand
for new enrichment capacity. If the economics of the SILEX process prove to be as
attractive as we anticipate, our technology could become a key component of the
uranium enrichment industry.