SLX 3.85% $4.50 silex systems limited

I have just found an interesting history of CRISLA in the...

  1. zog
    3,058 Posts.
    lightbulb Created with Sketch. 954
    I have just found an interesting history of CRISLA in the following link

    Experimantal Laser in iran - Jeff Earkins

    The relevant bit (pg 18) says:

    "Australia was one of Melles-Griot’s strategic markets. That is where Dick Griot met Michael Goldsworthy, founder and president of Silex140, which was also developing a
    laser technology of uranium enrichment. Goldsworthy visited Los Angeles and the ITI
    laboratory; in 1988-1990 the two companies began to exchange science and research
    data. They negotiated a merger and were on the verge of setting up a joint venture in
    California. Silex and ITI lawyers had even prepared all the necessary documents - but
    two days before they were due to be signed Dick Griot called the deal off after
    receiving information from an agent in Sydney that Silex was unable to invest
    sufficient resources of its own into joint projects.141 Silex and Jeff Eerkens parted
    company. Almost 20 years later, in 2007, the Australian company made headlines
    after signing an exclusive deal with General Electric to commercialize its laser
    enrichment technology.

    ITI, meanwhile, found a large investor in 1990. A joint venture was set up with
    Canada's Cameco, the world's largest producer of uranium at the time. ITI equipment
    was relocated from Los Angeles to Saskatoon, Saskatchewan Province, where the
    Canadian corporation kept its HQ. Cooperation with Cameco ended three years later,
    in 1993, when significant quantities of Russian low-enriched uranium became
    available on the commercial market after the fall of the Iron Curtain. 142 Cameco
    decided that it made better commercial sense to become a reseller of Russian uranium
    (the arrangement did not work out in the end) rather than to continue investing in its
    own enrichment technology.143 In 1993 the Cameco Board of Directors voted down,
    by four votes to three, a three-year, 50m-dollar program of developing the CRISLA
    technology.

    All the equipment which had already been installed at Cameco was returned to ITI.
    Dick Griot, who had already retired by that time, decided to give the equipment to his
    alma mater, the University of Missouri. For the first time since he moved to the
    United States in 1950, Jeff Eerkens was forced to leave California and relocate to
    Missouri. Ten years later, after completing his stint as an adjunct professor at the
    University of Missouri, he returned to California and took his equipment with him.
    Eerkens holds more than 15 patents for inventions related to the laser technology of
    uranium isotope separation and for other innovations. These patents are valid for 17
    years each, so most of them have already expired.145 In 1995 Eerkens published a
    728-pages book entitled ‘Laser Isotope Separation’, which WalMart sold for 95.40
    USD a copy.146 The book is now available from Amazon.com for 114 USD.
    The first batch of the experimental laser enrichment equipment made by Eerkens for
    AEOI is now at the Karaj Agriculture and Medical Centre. Eerkens keeps the second
    batch (the laser, the optical system and two irradiation chambers) in a warehouse near
    San Francisco, California. Ironically, before being returned to California the
    equipment was stored in open barns at the College of Agriculture, Food and Natural
    Resources (a division of the University of Missouri).

    Eerkens now has a new company, Prodev Consultants, and continues to look for
    opportunities for further improvement of his CRISLA technology. He believes that it
    can successfully compete with the Silex laser enrichment technology, which is now
    being commercialized by two giants of the global nuclear industry, GE-Hitachi and
    Cameco. Eerkens is convinced that his “Plan B” CRISLA technology approach,
    whose proof-of-principle was experimentally demonstrated in his 1986 tests, can
    produce reactor-grade uranium (3-5 per cent enrichment) in just two cycles, compared
    to the 5-10 cycles required by the gas centrifuge technology. He estimates the
    required initial investment at 2 million dollars"
 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$4.50
Change
-0.180(3.85%)
Mkt cap ! $1.067B
Open High Low Value Volume
$4.80 $4.80 $4.50 $1.778M 386.9K

Buyers (Bids)

No. Vol. Price($)
11 37322 $4.50
 

Sellers (Offers)

Price($) Vol. No.
$4.51 3008 2
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.