Thanks Westsurf, the first peak was when USEC signed up a license deal with Silex to use laser enrichment they took it to 80% completion when they changed to the American Centrifuge technology one which is inferior but American owned which later became Centrus whose track record is not good.
The second spike was when General Electric picked up the technology and took it even further along the development path, they were going to use the laser technology to enrich Uranium in Used Nuclear Fuel as part of their PRISM program designed for sale in the UK, that also fell through, so they pulled the pin on Silex, it is worth noting that some of the SMR technology that is coming is based on the PRISM technology, Cameco and Silex became the new owners of what GEH had and it seems to be advancing well, there are many advantages with laser enrichment over centrifuge and the market is only just starting to realise that fact, something is brewing IMHO, keep an eye on it, you might be very happy if you do!
SLX Price at posting:
$2.16 Sentiment: Buy Disclosure: Held
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