A significant amount of the original shareholders were Perth based, who were also large Sonic shareholders. So it makes sense for MG to present over there once in a while. Sounds like it was a rinse and repeat of previous communications. I am wary of not providing too much leeway for missed timelines which is why it is good to hear a number of shareholders were present and focussed on questions about TRL-6 and ZS-Si production. MG was on record as late as October 2024 (Shaw and Partners presentation) saying GLE would complete its testing and bring in the independent engineer by the end of 2024. In November 2024 (AGM) this became, early January 2025 for the independent engineer to be called in. in February 2025 this became "testing would commence imminently"... Keeping pressure up when communications become unclear and timelines persistently slip is critical. Thanks for the report @zog and for any of the specific questions you leveled. I still hold and believe in the significant opportunity in front of Silex, but am not satisfied with the communication and progress - based on SLX managements own timelines - over the last 6 months.
SLX Price at posting:
$3.70 Sentiment: Buy Disclosure: Held
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