SLX 5.41% $4.02 silex systems limited

Can't really speed up the process. It takes time to build at...

  1. 157 Posts.
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    Can't really speed up the process. It takes time to build at scale. I'd suggest they're moving to commercialisation about as fast as they can.

    Funding timing needs to occur in line with progressive stages of need. I don't believe SLX have any interest in capital raising, and should have no need for it. DOE will probably provide a loan guarantee, Cameco will buy the additional 26% of GLE and the funds from that sale may be used to pay for the SLX part of full-scale commercial deployment. If more funds needed then I'd think that Cameco would first be asked to provide a loan to reduce dilution of capital, and after that, at current low interest rates, SLX would take out a commercial loan. We'll see. With construction of full commercial production scale equipment happening now, these decisions will need to be finalised in the next 18 months.

    Still general waiting time, but those that have done NPV and DCF calculations with modest input values are happy to wait and to continue to increase holdings at these levels. Hence why the register is very tightly held. ;-)
 
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