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  "documentTitle": "Oklo Inc. (OKLO)",
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  "notes": "The slide uses a blue arrow to highlight the input change and red dashed circles to highlight the resulting negative impact on capital costs, IRR, and LCOE.",
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      "text": "LCOEs now range from ~$90 / MWh for a NOAK 50 MWe with investment tax credit (ITC) benefit to a whopping $230 / MWh for a FOAK 15 MWe without ITC benefit",
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      "text": "Unsurprisingly, given sensitivity to such an important input, assuming higher fabricated HALEU fuel costs results in unit economics that are simply uncompetitive.",
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      "text": "Source: Kerrisdale analysis, Oklo Investor Presentation, July 2023.",
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      "text": "Comparison of Oklo's provided economics vs. adjusted economics at $35,000/kg HALEU",
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      "text": "Oklo \"Illustrative Unit Economics\" Adjusted for Higher Fuel Cost",
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