There is nothing new in this article, it just goes over the history of SLX.
As covered in detail previously IMO it was SLX that forced GE's hand via providing notice of intention to terminate due to GLE failing to meet commercialization milestone's in the agreememt. This is the only explanation hat makes sense to make as GLE could has just sat on the technology in perpetuity with minimum spend allocated. I also do not think SLX would pull that lever unless they had their ducks in a row with other investors committing to commercialize.
Whilst it would have been easier for GE to just commercialize, IMO we are likely in for a positive next 12 months. New corner stone investor taking over GLE who has committed to commercialize at Paducah. I also think GE will take a bath on their sunk costs and SLX will benefit from that.
This is the only scenario that makes sense to me and I'm happy to wait for years on this bad boy.
There is nothing new in this article, it just goes over the...
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Last
$5.92 |
Change
-0.050(0.84%) |
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| Open | High | Low | Value | Volume |
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$5.90 |
Change
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| Last updated 15.59pm 07/05/2024 ? | |||||
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