SLX 2.58% $5.97 silex systems limited

While there may be no direct advantage to SLX except for more...

  1. 290 Posts.
    lightbulb Created with Sketch. 62
    While there may be no direct advantage to SLX except for more royalty dollars, there would be huge advantages to Cameco and GLE.

    If it was within the realm of possibilities GLE would own and operate the plant thereby keeping the IP safe. The name Global says it all and in lots of their communications they have mentioned other markets than just the USA. Cameco have done a huge deal to supply Ukraine with U fuel to replace the Ruskies. What better place that an aligned very close alliy than the UK in which to site a plant from which the fuel can be shipped
    But we should not get ahead of ourselves GLE have a hell of a lot on their plate setting up and fitting out the Pudacah site. First things first. Once we have Pudacah up and running and all of the commissioning foibles sorted then maybe set our sights over the horizon. The UK proposal is timed for the 2030's. I merely flagged it as a very good opportunity and given the time line is possible.

    Last edited by seawindpilot: 09/01/24
 
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