Hi Moosey,
I agree that SLX look undervalued at current prices, however, I am avoiding Uranium enrichment project/technology plays. The SP has also had a very steep decline since 2012 which makes me sceptical.
SLX's interest in the semiconductor technology known as ‘cREO™’ could be worth keeping an eye on though.
The commercial potential of Silex's Uranium enrichment and semiconductor technology projects are currently unknown. Therefore I put SLX in the high risk basket due a whole host of various risk factors, a lot of which may be outside of SLX's control.
Best regards!
MB
EDE Fundamentals and TA, page-116
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Mkt cap ! $7.427M | |||
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