OK, I'm overly biased, stupid, mad or some odd combination of...

OK, I'm overly biased, stupid, mad or some odd combination of the lot. How's this SLX data from the concise report (generalised):

170 million shares outstanding
$55 million cash (and equivalents)
$0.323c cash back each share which can be purchased for $0.300 right now.

But wait there's more!

Only 1.5 million options out there with an exercise price 0f $2+ expiring in December 2016. So no problem with dilution.

But wait, there's more!

Cash burn at present looks to be about $7 million per annum. So if nothing happens then we have cash for another 7 years without having to raise capital.

Those longer term holders will remember SLX doing a capital raising at about $7.60. Wow, how good was that in hindsight. OK, some deals have fallen through over the last few years and this is a slow burn industry. Plus we've had industry pressures which have scuttled nuclear fuel in general, and SLX has been unnecessarily caught up in that.

Yes, I'm a parochial holder, but for those that are well researched into this stock, it really is a no brainer. Might take a while (or not), but I'm a very patient man at these prices