the proof in the pudding will be the Cameco purchase, as that will provide a market value for GLE and tip the hat to the revenue and profit potential of that entity - and hence the expected revenue stream for Silex (as a 25% shareholder of GLE post Cameco exercising their option) and by extrapolation what the royalty payment might be. at this point "selling out" might be actually harder as we should be able to get close to what a dividend payment per annum will look like. Who wants to sell a share that provides a solid >10% FF dividend into perpetuity is the question I think we will face should TRL-6 and subsequent steps to production be fulfilled.
SLX Price at posting:
$5.06 Sentiment: Buy Disclosure: Held
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