An interesting video on the newly launched URNM ETF by Beta shares on the ASX (it's been on US markets for some time) Discussion video is:
https://youtu.be/VwUOZv1tnrM
I really can't understand why Silex (SLX) is not part of this index. Currently our market cap of $405m and being a 51% shareholder in Global Laser Enrichment (GLE) who has a 5mlb/yr project producing natural uranium from US Dept of Energy (DoE) tails in Paducah, Kentucky and having the ONLY third generation laser enrichment technology it would appear to me to be a dead ringer for this index (it's well inside the market cap and liquidity criteria). Does anyone know why it's not part of URNM? SLX is also one of the few companies in the US who can produce HALEU (others are Centrus and URENCO). Maybe the September rebalance will include them?
I hope MG does a bit of publicity to get us known to North Shore
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