William, SLX owns the classified tech. It has licenced the worldwide rights to commercialise the technology for uranium enrichment (only) to GLE.
SLX currently owns 51% of GLE. Cameco owns 49%, with Cameco holding an option enabling it to acquire a further 25% from SLX.
SLX also has a royalty agreement that sees it receiving between a 7% and 12% royalty on revenues generated by GLE.
If the tech is proven at commercial scale it's worth a motza.
SLX has proven itself at every stage so far and is not far away from proving itself at commercial scale. We will know soon, then it's game on.
If it's not workable (in my opinion unlikely now) we can still use the tech for zero spin silicon and medical isotopes which are large addressable markets in their own right.
I won't be caught not owning SLX. In fact I'll be buying more golden tickets if I can.
William, SLX owns the classified tech. It has licenced the...
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