SLX silex systems limited

watch $ASPI's next quarterly. They say they have been fully...

  1. 655 Posts.
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    watch $ASPI's next quarterly. They say they have been fully up and running with enrichment of Silicon, Carbon and Ytterbium.
    With no independent verification of their technology we are left to watch and see how successful they are in selling it - and what sort of volumes they can produce. Their latest proposed acquisition smells a bit to me. While it can be seen to be a vertical integration play they are basically scooping up a company that was heading for bankruptcy - why did they do this? I think the greater need they have was to try and reduce their energy costs significantly which have been noted to be extremely high and why they were mooting a move to Iceland. Let's see if that move is still on the cards. Take a look at Renergen's chart. ASPI just caught a falling knife, Renergen was meant to be in production 3 years ago, and has failed to produce substantial enough output to cover significant operational costs. They claim to have access to significant debt funding but be very wary of the $500m they say is coming from the US International Development Finance Corporation - hint: Trump is not very pro South Africa right now and that funding is subject to US Congressional notification... also, Trump's admin has been clear on prioritizing domestic critical minerals, and already has seen previously committed amounts "frozen" pending comprehensive reviews.. make of that what you will!
 
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(20min delay)
Last
$3.22
Change
-0.330(9.30%)
Mkt cap ! $766.7M
Open High Low Value Volume
$3.42 $3.45 $3.12 $7.674M 2.386M

Buyers (Bids)

No. Vol. Price($)
1 310 $3.20
 

Sellers (Offers)

Price($) Vol. No.
$3.22 2017 1
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
SLX (ASX) Chart
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