I try to follow Peter Lynch’s philosophy with my investing, it’s worked well for me in the past in my other investments and very well!
Lynch say’s do your own research, go deeper, find as much info as you can, get in early and stick with your analysis, until you see things that could have an negative impact on what you find that could impact your investment decisions, I see nothing of the sort with SLX , but the main thing he says is “don’t sell too early.”
If you want to believe all of what we are told and just stick with that, then good for you, but you may be late for the ball.
Please don’t try and twists my words yet again.
If I say could or maydoes not mean they are, I just see it as a possibility, I do think what I am saying is a logical approach.
For instance GLE at Wilmington must be producing enriched Uranium when they are working on the commercial pilot and if as you say, which I happen to agree with by the way! are putting the produced output back into the input, then they will have to be enriching what they are producing further, how many times they can do that I don’t know?
But at some point they will have to have made either LEU to 5% or HALEU to 8%, which is what the original license allows them to do, and they will have to cease using that material and use new natural Uranium once that point is reached and start the process again, they will have to stockpile any material they have enriched because they can’t go beyond 8%, although I seem to recall reading it had been increased to 10% but even 8% is still HALEU.
I said they MAY have a saleable product in the end that could be sold, whether that be to 5% , 8% or 10% is not known yet, but GLE say they are capable of making HALEU, how do hell do they even know that now?
Have they not tested this yet?
Or are they doing it now and they know they can?
How much they have produced, don’t know yet?
But once it reaches that 8% or perhaps 10% they would have to put new fuel in and start the process again.
I do think that GLE would be interested in getting their hands on that material, not saying it’s a given though, never have, you need to learn the difference between could or may and are!
But that material produced should have been counted in the bottom line just the same, it will be sold one day, maybe even to GNFA?
But I don’t see anywhere where it is counted yet, it may be a sizable sum worth many dollars it might just give us a surprise?
GLE don’t produce any natural Uranium at this point (Paducah) and if as you say won’t be until the end of the decade, then I doubt we could ever be compared with the likes of Palladin or any other mining company now for that matter, the time frame is just way too far out, but the fact that we are considered to be in the same boat as them now, indicates to me that something is changing and someone else besides myself has come to the same conclusions I have?
I base what I am seeing on information that is out there already, things that have been said recently in press releases, paint a very vivid picture IMHO.
Maybe there are too many trees preventing you from seeing the forrest?
By the way I don’t agree with your rabbit hole theory either, especially if it relates to the use of existing technology which can be modified, Zero Spin Silicon is a case in point, but there will be others as well, I am sure of that!
Any company that doesn’t innovate, especially with existing technology that they already have, would be just crazy to let these opportunities pass them by, “Innovate or Die” comes to mind.
If you had had your way, we would never of ventured down the Zero Spin path!
Glad you don’t work for Silex.
(20min delay)