It was Tim Gitzel who answered my question about GLE back at the conference call in May, and his response was so bullish I immediately doubled my position. I'm glad I did!
Let's not forget, GLE is not Westinghouse. Nor is it Silex. These guys are not naive. The amount that their comments move the share price of SLX is not going to change the price of the portion of GLE they can buy enough to be significant to Cameco's bottom line. It's insignificant. On the other hand, If their comments do anything at all to convince DOE to step up, or more utilities to sign on, that's huge.
In spite of all their bullishness over the past year, Silex/GLE are still mostly ignored by uranium investors, although the inclusion in URA is a strong acknowledgement of their potential and will bring them to more investors' attention.
It was Tim Gitzel who answered my question about GLE back at the...
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Last
$5.28 |
Change
0.340(6.88%) |
Mkt cap ! $1.253B | |||
| Open | High | Low | Value | Volume |
| $5.14 | $5.31 | $5.06 | $3.960M | 763.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1629 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.28 | 3460 | 25 |
View Market Depth
| Last trade - 14.05pm 11/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |