SLX 4.97% $3.63 silex systems limited

We are a Letter box

  1. 1,348 Posts.
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    Reason for review: 18m cash annual cash burn from 3 non uranium separation technologies. Thus assuming no revenue from these technologies we would be broke within 3-4 years. Board assumed this and finally acted accordingly.

    As an aside former chairman is no loss, infact happy to see back of him.

    I also think starting tomorrow we will be a pure play and inevitably a takeover by GE will occur if SP stays at these levels.

    My opinion only.

    K
 
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