SLX 0.76% $5.28 silex systems limited

DOE Launches Program to Demonstrate Advanced Nuclear Reactors Within 5 Years, page-42

  1. 1,145 Posts.
    lightbulb Created with Sketch. 381
    "GLE will be a supplier I believe, but US owned."
    You might be right Moosey, but I think that it maybe a lot further into the future, and far beyond consideration for the present value of Silex. The Treaty between Australia and USA on the Laser Technology seems to be slow and cumbersome, and an obstacle to a quick acquisition by another Company, even if it is US based. I'm not a legal expert but I can't see anyone buying GLE in the near future with so many unknowns. GLE need to get to a commercial level of production and then be able to convince 2 Governments that the sale is in accordance with the Treaty that could take years. If the Yanks want the Laser now, than I think they have to stay with the existing structure. I would believe that is the shortest path to commercialisation of the Laser Enrichment Technology that MG has been talking about. What happens after that is up to the board of GLE, and I don't think Cameco will be in a hurry to lose control of this little gem, nor will Silex. The Yanks need the Laser Technology to compete with the Russians and Chinese, so they will want the short path to commercialisation as well. Just my opinion.

    Good point about the UK, another rich market to explore.
 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$5.28
Change
0.040(0.76%)
Mkt cap ! $1.252B
Open High Low Value Volume
$5.26 $5.50 $5.26 $2.151M 402.4K

Buyers (Bids)

No. Vol. Price($)
2 2350 $5.28
 

Sellers (Offers)

Price($) Vol. No.
$5.35 3092 1
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.