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Replies to #116 on Perma-Fix (PESI)

CrocHntr

07/19/18 4:20 PM

#117 RE: CrocHntr #116

Great DOE Summary of the 2,000 gallon Test Bed Initiative. This one will still take a year or more to play out, but there is a real chance that DOE will adopt Perma-Fix's alternative approach to treat low level waste. Certainly a gamble, but this would be a complete game-changer for the Company.

Keep in mind that the 2,000 gallon TBI alone was built into the house spending bill proposal and estimated at $15M to spend in 2019 (not sure how much would go to Perma-Fix, but certainly a large portion).

https://www.energy.gov/sites/prod/files/2018/07/f53/Hanford%20Test%20Bed%20Initiative%20Fact%20Sheet%207-12-18.pdf