SLX silex systems limited

I was very heartened at MG's comments and body language around...

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    I was very heartened at MG's comments and body language around technology risk. I got the impression that a lot of testing on the laser and bcm seems to have already occurred succesfully, with early testing on separators looking encouraging.
    He didn't look to me like a guy who was having or expecting much trouble with the kit they've built.
    A new Gle hire who will base in Washington should be named soon it seems.
    Also those revenue estimates from the plef tails and leu sections ( i didn't take notes but was it upward of $700 mill pa i think) seem to imply a very healthy potential return on capital for Gle.
    Similarly the payback of a couple of years on a silicon plant and the potential size of that plant impressed me , as I didn't previously see the silicon thing as a potential major contributor to Silex revenue. I've changed my view.
    All in it was a presentation that increased my confidence in what the next six months might bring.
 
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