Results will be announced Thurs 28th,

Preamble below:

I speculate on SLX There was noise around Uranium early 2025 .. The energy supply dilemma in the modern world.

Some one liners:

a Story stock!

Uranium spot price $75/ Lb

Shorts have come off from ~10%

Daily trading Liquidity: $3Mill ok

https://hotcopper.com.au/threads/ann-equity-raise-presentation.8701081/

approximately $130 million2 (Placement) 

All shares under the Placement will be issued at a fixed price of $3.90 (Placement Price)

• Proceeds from the Offer, together with existing cash (~$69.6m4 ), will be used primarily to support GLE’s commercialisation of the SILEX uranium enrichment technology in the US, as well as to pursue Silex’s additional isotope production opportunities and strengthen the Company’s balance sheet

• Following the Placement, Silex is expected to be fully-funded through to the end of FY2028 

Full Paid Ordinary shares 2025: 271,439Mill up from FY 2024

Return (inc div)   1yr: -9.03%   3yr: 4.03% pa   5yr: 46.36% pa

At close Wednesday 27th