SLX 1.48% $5.15 silex systems limited

Interesting discussion, it is always good to hear differing...

  1. 1,118 Posts.
    lightbulb Created with Sketch. 364
    Interesting discussion, it is always good to hear differing opinions. These investors are across a few commodities and have a good understanding of how the general market works. Regarding Silex they again have a general understanding but not a detailed understanding and they see the company purely as an enrichment company, they didn't talk about the sale of re-enriched depleted tails as a tier 1 mine, positioned in the top 10 mines in the world (Michael Goldsworthy's "best path to commercialisation of the laser").
    I think this is the general mindset of the market which holds the share price back at times and we experience pull back in periods like the last few weeks.

    The announcement of the option to buy the land in Paducah in my opinion was a very positive announcement. Occassionally we get signals from the management that good news is coming and I think this is one of those. Why would you have an option for only 6 months to buy land, this is very short and possibly aligned with the TRL6?. I'm also curious as to who else would have the interest or opportunity to buy the land?

    I remember a couple of years ago the CEO and Chairman each bought a small parcel of shares on the market, financially it would have had an insignificant impact on the financial position for these 2 people but it wasn't long after that purchase some good news came through and the share price increased nicely. All my opinion and I may be wrong, but I am ALWAYS optimistic, and I think good news is coming in the next 6 months.
 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$5.15
Change
0.075(1.48%)
Mkt cap ! $1.224B
Open High Low Value Volume
$5.11 $5.20 $5.11 $1.210M 235.3K

Buyers (Bids)

No. Vol. Price($)
7 402 $5.14
 

Sellers (Offers)

Price($) Vol. No.
$5.15 830 10
View Market Depth
Last trade - 15.20pm 03/07/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.