Silex Announcement, page-6

That last dot point also caught my eye "Buisness development discussions with other potential investors are being accelerated"

Remember what Seawind Pilot posted the other day, I reckon he may be on the money?

This post in particularPost #: 17088682

There were 3 companies that bid for the SLX rights. They were GE , Cameco and Converdyn.

Therefore there is only one party Converdyn (who is a consortia of Honeywell and Gerneral Atomics) that are not now part of GLE. I question whether Converdyn would still be interested now.


Like I said earlier, this whole recycling thing is going to cost a lot of money, I reckon GE just want to spread the load, whether that be to the government or other companies such as the one SWP hinted at could be on the cards, why would they be signing an MOU with Centrus, Centrus basically have nothing of value, or is that not true, what they do have is a lot of supply contracts for LEU which are basically being supplied by the Russians now, what if it is for those license agreements that Converdyn are taking an interest, remember they also convert U235 to UF6, that is also something else GLE would want wouldn't they?

There is more to this that meets the eye I believe.

This was my reply in my postPost #: 17523321



Not as silly as some may think?
ConverDyn convert U235 to UF6
Centrus has supply contracts for enriched Uranium throughout the world (at this point the enriched Uranium is coming from Russia)

Put those two things together and it would be a great fit for GEH?
But forget the ACP it is not competitive with laser.

http://markets.on.nytimes.com/resea...SPRX____BW5685&feedID=600&press_symbol=278208

BETHESDA, Md.--(BUSINESS WIRE)--Apr. 12, 2016-- Centrus Energy Corp. (NYSE MKT:LEU) announced today that it has signed a memorandum of understanding with ConverDyn to explore the potential for joint sales of the companies’ nuclear fuel products and services to utility customers around the world.
“We believe that, working together with ConverDyn, we can provide customers the benefits of flexibility in satisfying their fueling needs while strengthening the U.S. nuclear supply chain,” said Daniel B. Poneman, Centrus president and chief executive officer.
Malcolm Critchley, ConverDyn President, stated: “By working with Centrus, ConverDyn is able to better capitalize on its position in the value chain by combining uranium supply and conversion with Centrus’ enrichment to create integrated supply solutions for customers.”
The MOU establishes a framework to work together to pursue various commercial initiatives to support greater competition in the world nuclear fuel cycle, including through sales of enriched uranium product containing components supplied by each party. Such sales could occur in a variety of potential transaction structures where each party would supply a different component of the enriched uranium product and one or both parties would contract with the customer for the sale.