I had a look at this stock on the suggestion of another poster. SLX main business is concentrating uranium for the nuclear industry. The current process which is used in 80% of facilities is 70 years old. SLX has been developing a new process which is being trialed in the US.
I can't recommend one way or another read all the posts that are related to this stock.
What interests me is that it is coming off an all time low of 30 c to now be 65 c. The price has been as high as $13.00 10 years ago.
From the FS it is carrying $3.5 mil in cash. The RP is -185 mil, so they spent up big in developing this process.
It is associated with a lot of heavy hitters in the US
DYOR
SLX:Worldly Wise
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.23 |
Change
-0.140(2.61%) |
Mkt cap ! $1.240B | |||
| Open | High | Low | Value | Volume |
| $5.43 | $5.46 | $5.16 | $2.211M | 418.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 477 | $5.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.24 | 1409 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| SLX (ASX) Chart |