SLX 3.52% $4.94 silex systems limited

Wont matter for silex. We probably wont have a nuclear power...

  1. 76 Posts.
    Wont matter for silex. We probably wont have a nuclear power station here for the forseeable future. Howard was talking about talking about it ie having it on the agenda and got very bad feedback and took it off the agenda.

    Silex fortunes in Uranium are dependant entirely on the success General Electric-Hitachi has in selling enriched uranium to power stations. Aus is a tiny market anyway, doesnt really matter. Exelon and Entergy (the 2 biggest US nuclear utilities) have indicated they will buy the GEH fuel when it becomes available. If we see GEH starting to do deals with Indian and Chinese or even French nuclear utilities, this is when we should get really excited.
 
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