Ann: Operational Update - 21 August 2018, page-5

Dear all

The question is "where to from here?"

SLX has the IP and some cash.

Down the road a small potential royalty that will barely keep the directors in the style to which they have become accustomed.

Australia (or rather its politicians) have no nuclear appetite.

What is really unacceptable is an update that states what HAS happened-NOT what IS happening.

I don't mean the cut and paste from previous updates.

The company should set out a solid plan.

Try this

" SLX has terminated all arrangements with the USA. We have advised the Australian Government of the opportunity to utilise the SLX IP.

We have invited numerous countries that operate enrichment facilities to review reports of the test loop outcomes."

We have our bags packed-we are using frequent flyer points- and are out there selling our wares."