SLX 1.67% $5.29 silex systems limited

Ann: Operational Update - 22 February 2024, page-13

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    Thanks for your thoughts Zog. I think someone or a group of someone's in the NRC are members of the GLE fan club. I also think the NRC want the laser enrichment technology to be successful and I also don't think it is a coincidence that the RFP was scheduled to happen around the same time that these tests are occurring. When DOE laid out their schedule for the HALEU enrichment it impressed me that it was very closely aligned with our accelerated program for the laser technolgy.

    Back in 2016 the DOE threw us a life line in the form of a contract to enrich the depleted tails, in November 2016 the market could then give Silex some value our share price went from 33c to 54c a 63% increase albeit small in absolute terms, I think that was a very important moment in the life of Silex. As everyone on this forum knows the depleted tails in Paducah are a big problem for the DOE and we have a solution, and now domestic enrichment of LEU, LEU+ and HALEU are their next big problem, so we are their best friends for life. Good times ahead I hope.
 
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