Silex holds on for nuclear enrichment

The slump in the uranium price, and weak nuclear demand, has smashed Silex’s shares … but there’s big upside potential from its uranium enrichment system.

Investing in Silex Systems (SLX) has come down to a three-way staring contest between its giant partner, the uranium market and the Australian market minnow. The question is, who’s going to blink first.

This could shock many, but my money is still on Silex even though its 75% plunge from grace over the past year would make hardened risk takers weak in the knees.

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