For my 2 cents worth, the main driver of the Sp will be whether, by end of June 24, the test loop has started up in Wilmington and is performing well. A successful test loop programe declared in the months after that would bring with it Trl6, increasing Gle's value and triggering a call on Cameco buying a further slice of Gle. The darker alternative is that late in 2024 we are still trying to iron out issues with that test loop. Not disastrous when you consider the trouble Centrus had with their earlier demonstrations, but certainly not ideal. As investors, technical progress is maybe the furtherest out of our line of sight, given the secret squirrel nature of the business. Fingers crossed for a string of good updates from Silex on progress.
SLX Price at posting:
$3.67 Sentiment: Hold Disclosure: Held
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