zAngus

$SLX - SILEX SYSTEMS - Good momentum

Long
zAngus Updated   
ASX:SLX   SILEX SYSTEMS LIMITED
$SLX - SILEX SYSTEMS - Good momentum,

Worth a watch. So many good opportunities around at the moment. Has some good market depth on the buy side.

Quite an interesting business. Not sure how much upside there is if their product is licensed out.

Silex Systems Limited is a research and development company. The Company is focused on the development and commercialization of its primary asset, the Separation of Isotopes by Laser EXcitation (SILEX) laser uranium enrichment technology. It operates in the Silex Systems segment. It is focused on the delivery of the SILEX laser enrichment technology. The SILEX Technology is a laser-based process that has the potential to separate uranium isotopes, as well as other various elements. It has licensed SILEX technology exclusively to GE-Hitachi Global Laser Enrichment LLC in the United States. It has an interest in semiconductor technology known as Rare Earth Oxide (cREO) technology, which is exclusively licensed to IQE Plc. IQE Plc is progressing the cREO technology towards commercial deployment in various semiconductor products, such as power electronics and wireless radio frequency (RF) communications chips.
Comment:
Wrong way on open, so no trade.

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