SLX as you appreciate not about digging up U but enrichment, so more a tech play BUT with recent geopolitical noise, especially the protection of supply chains globally it is now also a major geopolitical play. Vlad and the crew responsible for vast majority of U enrichment and the yanks not comfortable with that. US import some 95% of their U and in Today's facturing world that supply chain is NOT acceptable to the US gov, Their sample pilot system thru JV with Cameco all rush rush now.
SLX also about to enter a time where the technology will gain increased transparency (good or bad) in 1st half CY 24 as results from the comercial sized pilot become better known so a good time to be aware of SLX.
One negative TA signal recently is the closing of a SMR in US on cost basis, bit of a worry.
Even the daughter has small exposure to SLX (1000 shares), she is 18 and irrationally idealistic so won't consider U stocks, I told her SLX a medical company bit like TLX as it into medical isotopes (didn't mention the isotope part). All she heard was TLX therefore fine with her, she's not a great FA student or TA for that matter, her only contribution to the market from observation is the application of 'pip squeals' when one of the stocks in her portfolio goes for a run and management of non coles supply chain of almonds for the TA crew on the rail.
Anyway link below SLX latest presso, all in there,
https://announcements.asx.com.au/asxpdf/20231102/pdf/05wwqx4ck01v0d.pdf
