SLX 7.18% $5.82 silex systems limited

Yes and combining this latest announcement with the previous...

  1. 20,130 Posts.
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    Yes and combining this latest announcement with the previous one, it seems clear to me, that both Wilmington and Paducah are still going ahead, they basically said that already, I can understand why some of the prospective partners may be shy in stumping up a lot of cash for a slice of GEH's shares before they know 100% that the pilot works?
    But after it is proven, the value of a slice of GLE will skyrocket and Silex will be the better for that by having a better than 51% interest, because that is what a majority interest is or more, the timing of this latest term sheet extension is what I suspected it would be!
    The end of this year, I suspect that this is reliant on the timing for Wilmington and Paducah starts, which brings me to the conclusion that there will be money coming from the US Government in the form of a loans guarantee? there is no way that Silex could raise enough cash, especially what will be required in the short time they have to start both Wilmington and Paducah next year which they still say is still going ahead, they did mention 2020 as an end date for Wilmington?
 
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