Why 2019 could be uranium’s break out year, page-9

92electron,
You could very well be right, this technology is worth very little if no one uses it. It should also be kept in mind that;
a) the technology is effective and has been proved to work on ores from at least four existing projects, Langer Heinrich, DYL's Tumas, Toro's Wiluna ands its own Marenica Deposit, 
b) the only thing holding holding back U-pgrade in these projects is the U price.... the market is signalling it does not need new capacity, in fact it needs mines to close down, so these projects will go nowhere until price moves up to say $50-60/lb
c) The deal with DYL (see ASX Release for details) sets the benchmark on the benefits available to users and confirms that they will pay for the technology (around $US2-4/lb for what could be 100m lb resource)
d) The patents granted to the company should ensure no cheating by these projects/produces
e) By lowering costs (capex and opex) these companies are incentivised to use the tech, making them more competitive when comp. to other new projects

I am a holder and have accepted (a while back) that nothing will happen until the U price moves up significantly in order to bring these projects into the money. If that price move does not happen, MEY is likely worthless, but so is PDN, DYL and for that matter so is Cameco based on a $30/lb long term price.

Glass half full shareholder