SLX 5.13% $5.33 silex systems limited

Ann: Operational Update Presentation - 22 August 2016-SLX.AX, page-4

  1. 1,306 Posts.
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    Early 2020 You reckon that's a long time to wait?
    A lot of the regulars here including myself have been waiting since last millennium . Mate another decade is nothing.
    Chin up Wubing , The potential money to be made from a SP of 30 cents is not annual royalties in 2025. Although annual royalties from a 6million SWU Wilmington plant would exceed the current SP, It's the share price recovery if an agreement is struck for either Paducah or Wilmington and the market accepts that there is near certainty of commercialisation. I doubt we will have to wait years to see that one way or the other .

    Finalization of agreement with DOE on Paducah shortly and GLE restructure by end of year were the targets given that I hope were not over stated.
    SLX is undoubtedly high risk at the moment and having so far been wrong every step of the way with this companies prospects I have (probably foolishly) increased my holding 40% this week . The risk/reward may just be very favourable at this price
 
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