SLX 0.79% $5.03 silex systems limited

Uranium Price, page-35

  1. 203 Posts.
    lightbulb Created with Sketch. 38
    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
$5.03
Change
-0.040(0.79%)
Mkt cap ! $1.200B
Open High Low Value Volume
$5.05 $5.06 $5.00 $180.9K 36.00K

Buyers (Bids)

No. Vol. Price($)
5 5227 $5.02
 

Sellers (Offers)

Price($) Vol. No.
$5.03 5068 10
View Market Depth
Last trade - 10.29am 09/07/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.