Moosey, the Metal Storm type scenario you described has always been a problem for small innovative Australian high tech companies but I thought the highly concentrated ownership of SLX added some protection.
My biggest concern has been that the US government would simply "resume" the Silex technology by belittlening SLX's contribution, only acknowledging GLE's contribution and voiding any commercial agreements as not in the National interest. There are no international patents protecting the technology IP as in the Metal Storm case so this could be a fall back position if the Metal Storm approach proves too protracted to be practical. It may then become a legal battlefield which may be difficult for SLX to win/survive so that the receivership strategy comes back into play. I have no confidence that international politics offers any protection.
Please tell me this can't happen because ...
SLX Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
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