SLX 2.09% $4.39 silex systems limited

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  1. zog
    3,049 Posts.
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    Much more important is what Kazatomprom are saying in their update to guidance (see below). It's a brave man who shorts most uranium shares this weekend with this latest news from the world's largest suppier. As for SLX the Uranium spot price (15% of the U3O8 market) has little impact on fundementals. Enrichment and conversion prices are much more relevant and these (along with the U3O8 term price - 85% of the market) have been rising are are currently at record levels. The panic over the tiny U3O8 spot market is an opportunity.

    https://www.ft.com/content/240af090-8684-49dc-a85e-20b535d62dda


 
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