Crystal ball time. My opinion is that the SP will go up. At the...

Crystal ball time.

My opinion is that the SP will go up.

At the stocks 12-month low of 0.31 cents, the EV was ~$0. That means the market was giving the Silex and Translucent IP technology ~$0 value.

Why? Most likely because there was zero visibility as to when and if GEH were going to commercialise the technology given the development slow down and Cameco writing down their investment to nothing. Most investor's don't want to catch a falling sword, and the Fukashima disaster and subsequent Uranium prices (as well as the capital spent in Solar and Chronologic) magnified the downtrend.

Intuitively, this announcement will confirm GEH is very much going to commercialise the technology as prophesised by Moosey (otherwise they wouldn't try to renegotiate the contract down).

The rise immediately proceeding the intelligent investor article put this stock back on peoples radar, and it has had a pretty nice rally since (assuming there is no dodgies occurring). Although the truth is, the EV is still only ~$50m.

Further, the forecasts for a recovering in uranium prices in the next 3-5 years (and hence SWUs) is very positive for the GEHs project finance ROI perspective.

I believe any news (barring a shut down) is good news at these valuations. DYOR.