SLX 5.13% $5.33 silex systems limited

Craig a visit to the Silex website will reveal the particulars...

  1. 323 Posts.
    Craig a visit to the Silex website will reveal the particulars of the deal. Basically Silex were able to negotiate a deal which in addition to the upfront installment payments see's them receive a VERY generous royalty on any revenues GE receive from enriching U via the Silex process. The exact percentage escapes me but it can be measured in the many hundreds of millions per annum down the track.

    The highly unusual thing - and a measure of how much GE value the technology - is that these royalties will continue for as long as the technology is used! No limits! Which if the technology is as good as described by those in the know could be as long as 20-30 years!

    With the forecast growth in Nuclear Power worldwide over the next decade (I count at least 30 being planned/built in the US as we speak) it's not hard to see what this will mean for the share price :))
 
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