SLX 1.70% $4.19 silex systems limited

Ann: Silex AGM Presentation - 2017, page-30

  1. 20,253 Posts.
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    Something else perhaps that could come into this and it is a "BIG" one?

    I'm not sure here, but if I has some sway with Silex, and if there is an equity swap with GEH, I would definitely set up another company under Silex's umbrella for this exercise, for a number of reasons, one would be to help prevent a takeover of Silex, but another one and it is an important one, is that it may protect Silex and it royalties on the Uranium enrichment deal, which could be from 7% to 12%, remember this deal was done with Silex, it isn't really any part of the GEH deal as such IMHO and shouldn't be! so maybe that royalty position could be protected under the Silex banner and the GEH equity swap won't and really shouldn't include any of the royalties, would that be a fair assumption?
    Last edited by moosey: 11/11/17
 
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