SLX 2.81% $5.18 silex systems limited

Hi Whytee, The delays were not caused by the proliferation...

  1. 203 Posts.
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    Hi Whytee,

    The delays were not caused by the proliferation risk.

    Michael Goldsworthy has explained numerous times the extreme level of difficulty in developing Laser enrichment including using highly restricted and difficult to manufacture parts. It would require massive amounts of money, long time frames and very high levels of technical expertise. Much of the required equipment is subject to US export controls and are individually numbered and controlled. There are other ways to get enriched uranium including using more traditional approaches that are easier and can be hidden with some effort.

    They delays were due to GEH slowing the rate of development. This was due to the ridiculously low price of U3O8. Paducah is by far the cheapest entry point to market for silex but the price of uranium and lack of interest in all things nuclear has been so low as to slow development. Things have changed a lot in the last few years.

    The share price jumps we have seen are only the beginning. Exciting times ahead

    Bocky71
    MGAS
 
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