SLX 0.00% 33.0¢ silex systems limited

down $1.15 look for more upside, page-5

  1. 18,578 Posts.
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    Although SLX is trying to put a positive spin on USEC's announcement ("USEC Confirms Commitment to Silex Technology") USEC is putting their serious money into rival US centrifuge technology (usec.com website - "--Agreement Advances Centrifuge Enrichment Technology--" whilst keeping SLX technology on the back burner as insurance in case centrifuge doesn't pan out. Cash flow from Silex has just been set back a few years further down the track, if ever. I don't think it has been oversold. There is still some blue sky but I could be an old man by then.

    I hold SLX (less than I used to, thank God)
 
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