Here is an interesting thought bubble. I think shaw and others have thrown around figures of circa 200m plus minus for cameco to buy the next 25% of gle.
if that is in any way correct then ON PURE METRICS ALONE cameco could buy 50% of silex at current prices for $200m and by default pick up an the extra 25% interest in gle via that 50% ownership in slx. The bonus for cameco is they get both the silicon exposure plus 50% of the ongoing potential 7+% royalty for anything using slx laser tech for free.
i am sure there are logisticsl limitations on this but that thought crossed my mind over my arvo coffee.
is my logic totally off??
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