SLX 3.72% $5.18 silex systems limited

Uranium Price, page-35

  1. 198 Posts.
    lightbulb Created with Sketch. 37
    The Paducah licence is to produce a maximum of 5 million lb a year and at at 5 million pounds per year production will last for 30 years.

    This license was granted when Uranium was cheap and plentiful and the 5 million pound limit was in place to stop a glut of uranium in the market.

    How things have changed in 10 years.

    It is possible that this license maybe altered in response to the Uranium shortage to allow a higher production rate.

    For example 7.5m lb a year for 20 years

    Not saying it is likely but it is possible.

    GLE would then have to decide what is more profitable, Natural Uranium or enriching other Uranium to a higher grade.

    Bocky71
    MGAS
 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$5.18
Change
-0.200(3.72%)
Mkt cap ! $1.227B
Open High Low Value Volume
$5.32 $5.40 $5.18 $1.186M 225.4K

Buyers (Bids)

No. Vol. Price($)
1 1338 $5.18
 

Sellers (Offers)

Price($) Vol. No.
$5.20 2500 1
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.