Silex Systems: Government Support Now In Question [Seeking Alpha]
SILEX SYS LTD SPON ADR (SILXY)
NASDAQ:AMEX Investor Relations:
silex.com.au/investor-relations
Company Research
Source: Seeking Alpha
SILXY's failure to receive large amounts of funding from the most recent DOE awards disappointed investors, causing the stock to plummet. The importance of the DOE's decision has probably been overstated, though, as GLE is a higher-risk and longer-term option for uranium enrichment. I remain neutral on SLX due to the uncertainty still surrounding its technology, its reliance on a JV for uranium enrichment, and the likelihood of limited near-term revenue. bymuratdeniz/iStock via Getty Images Silex Systems ( SILXY ) is an Australian developer of laser isotope enrichment technology whose initial focus is on the enrichment of uranium for nuclear reactors through its JV (Global Laser Enrichment) with Cameco. Silex also plans on applying its This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ASPI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am
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