Could not sit this one out. I am going to conclude that many...

Could not sit this one out.

I am going to conclude that many shareholders have been viewing previous company announcements with rose-coloured glasses. Seriously, how many times did they have they have to say they were looking to divest themselves of Chronologic over the past year before some understand that they are going to divest themselves of Chronologic. The rest is just business.

I have posted some analysis on Silex enrichment revenue recently (which is the only SLX technology that interests me). I had the share price at $100 by 2030 assuming that the uranium enrichment industry is worth $30B by this time (as per 2012 company estimates). However, I thought we would be commercialising a couple of years sooner. So in light of this new information and continued subdued enriched unranium demand, I have adjusted my estimate. I now believe SLX shares will be $100 by the year 2032!

However, as I understand the risks I know that there is a chance that GLE will never commercialise SLX. In this case SLX will be worth little more than the money it has in the bank. So let's say 15 cents a share in 3 years time. To me this is the least likely scenario and I am willing to take on this risk.

So there you have it ladies and gentlemen. Place your bets now - $100 by 2032 or bust.

BTW - MG can't give you a definite and it won't be his fault if it fails and you lose money. Make your own educated decision and if you can't afford to lose it - don't bet it.

SirKnight.