Silex Systems Limited · ASX:SLX
Silex Systems — Investor Presentation (March 2021)
28 slides from Silex Systems's investor presentation, Mar 15, 2021
Slide 1: Updated Investor Presentation (ASX announcement)
For personal use only Updated Investor Presentation 15 March 2021 Silex Systems Limited (Silex) (ASX: SLX) (OTCQX: SILXY) today provided an updated Investor Presentation. Since the 2020 AGM in October 2020, Silex has announced several significant achievements. The attached updated Investor Presentat
Slide 2: Forward Looking Statements and Risk Factors
Forward Looking Statements and Risk Factors: About Silex Systems Limited (ASX: SLX) (OTCQX: SILXY) Silex Systems Limited ABN 69 003 372 067 (Silex) is a research and development company whose primary asset is the SILEX laser enrichment technology, originally developed at the Company’s technology fac
Slide 3: Silex Systems Limited Investor Presentation
For personal use only Silex Systems Limited Investor Presentation (ASX: SLX) (OTCQX: SILXY) Dr Michael Goldsworthy CEO/Managing Director March 2021
Slide 4: Forward Looking Statements and Risk Factors
Forward Looking Statements and Risk Factors For personal use only About Silex Systems Limited (ASX: SLX) (OTCQX: SILXY) Silex Systems Limited ABN 69 003 372 067 (Silex) is a research and development company whose primary asset is the SILEX laser enrichment technology, originally developed at the Com
Slide 5: Commercialising the SILEX laser enrichment technology
For personal use only Silex is commercialising its unique SILEX laser enrichment technology for application to: • Uranium production and enrichment (nuclear power) • Silicon enrichment (silicon quantum computing) • Other potential markets (e.g. medical radioisotopes) 3
Slide 6: Company Overview
Company Overview For personal use only 51% Owned 100% Owned Royalty Agreement 5G Filters Mobile Handsets SILEX Uranium Production via GLE SILEX Zero-Spin Silicon (ZS-Si) Production Filter devices for 5G mobile handsets Technology SILEX laser-based uranium enrichment Technology SILEX laser enrichment
Slide 7: SILEX Uranium Production Opportunity
SILEX Uranium Production Opportunity For personal use only Global demand for Uranium is set to rise: A significant potential uranium supply shortage is forecasted ❑ Structural supply deficit may occur without timely production from new resources ❑ Demand will continue to grow significantly as zero-e
Slide 8: SILEX Zero-Spin Silicon Opportunity
SILEX Zero-Spin Silicon Opportunity For personal use only Global race to develop Quantum Computers: Silicon Quantum Computing (QC) is a leading contender for QC technology ❑ Silicon QC is well placed to leverage off the existing silicon semiconductor industry ❑ Silicon QC requires highly enriched si
Slide 9: Nuclear Power and the Nuclear Fuel Market Opportunity
For personal use only Nuclear Power and the Nuclear Fuel Market Opportunity 7
Slide 10: Nuclear is key to Climate Change Mitigation
Nuclear is key to Climate Change Mitigation For personal use only Nuclear - carbon-free baseload electricity: ❑ Nuclear is forecast to play a key role in climate change mitigation strategies – e.g. Net-Zero 2050 ❑ Proven, reliable base-load (24/7) electricity generation, complements renewables and p
Slide 11: Global Uranium Supply Shortage
Global Uranium Supply Shortage For personal use only Additional Uranium sources will be required to meet growing demand Source: World Nuclear Association 9 Silex Systems Limited | Investor Presentation
Slide 12: Uranium Price – Near Term Price Recovery Forecasted
Uranium Price – Near Term Price Recovery Forecasted For personal use only Uranium Long-Term Base Price Forecast Year Source: UxC Uranium Market Outlook, Q4 2020 ❑ UxC forecasts mid-case uranium price ~$45/lb by 2025 and ~$65/lb by 2030 ❑ Spot price now around $28/lb – up over 50% since 2016 low ($18
Slide 13: Significant US Uranium Production Shortfall
Significant US Uranium Production Shortfall For personal use only Uranium purchased for US nuclear power reactors – 90% imported Million pounds U3O8 Source: U.S. EIA Uranium Marketing Annual Report, May 2020 ❑ US energy security concerns – triggered major government review of nuclear industry (2020)
Slide 14: SILEX Uranium Technology Commercial Opportunities
For personal use only SILEX Uranium Technology Commercial Opportunities 12
Slide 15: SILEX technology and Nuclear Fuel Production
SILEX technology and Nuclear Fuel Production For personal use only The SILEX technology provides GLE with multiple opportunities in the production of nuclear fuel: 1) produce natural grade uranium via enrichment of depleted tails inventories (Paducah project) 2) capture the value of conversion conta
Slide 16: The Paducah Opportunity – a 'Tier 1' Uranium Project
The Paducah Opportunity – a ‘Tier 1’ Uranium Project For personal use only ❑ GLE has a path to develop the largest ‘Tier 1 uranium resource’ in the US with the Paducah Laser Enrichment Facility (PLEF) ❑ Sales Agreement between GLE and DOE provides depleted UF6 tails for enrichment with SILEX in the
Slide 17: Emerging Opportunity - Small Modular Reactors (SMRs)
Emerging Opportunity - Small Modular Reactors (SMRs) For personal use only ❑ Several next generation SMR designs use High Assay Low Enriched Uranium (HALEU) ❑ SILEX technology may provide a flexible low cost alternative to produce HALEU for SMRs ❑ SMRs are modular, smaller size (50 MWe to 300 MWe) a
Slide 18: SILEX License and Royalty Agreement
SILEX License and Royalty Agreement For personal use only ❑ GLE holds the exclusive worldwide license for the use of SILEX laser technology for uranium enrichment ❑ License agreement includes US$20 million in payments to Silex triggered by commercial development milestones: • Commercial pilot demons
Slide 19: Zero-Spin Silicon Project for Quantum Computing
For personal use only Zero-Spin Silicon Project for Quantum Computing 17
Slide 20: ZS-Si for Silicon Quantum Computing (QC)
ZS-Si for Silicon Quantum Computing (QC) For personal use only Commercialisation of the SILEX technology for Silicon Enrichment: ❑ Silicon-based QC is a leading technology contender for the emerging QC industry ❑ Opportunity to produce ZS-Si - the key enabling material for silicon-based QC ❑ Initial
Slide 21: ZS-Si for Silicon Quantum Computing
ZS-Si for Silicon Quantum Computing For personal use only ❑ ZS-Si is the key enabling material for silicon-based quantum processors which can leverage off the incumbent global silicon semiconductor industry ❑ Current centrifuge production of enriched silicon is limited and costly ❑ SILEX technology
Slide 22: ZS-Si for Silicon Quantum Computing
ZS-Si for Silicon Quantum Computing For personal use only ❑ Project aims to produce a secure supply of ZS-Si to support emerging global silicon quantum computing industry ❑ Stage 1: (Completed) Established ‘proof-of-concept’ for the LIS process, successfully completed on schedule in June 2020 ❑ Stag
Slide 23: cREO Advanced Semiconductor Technology
For personal use only cREO® Advanced Semiconductor Technology 21
Slide 24: cREO Advanced Semiconductor Opportunity
cREO® Advanced Semiconductor Opportunity For personal use only The Global Transition to 5G Mobile Communications: 5G Filters Mobile Handsets 5G Handset Filter Technology Experiencing High-end Frequency Challenges ❑ Signal processing filters made with traditional materials experience problems at high
Slide 25: cREO Technology
cREO® Technology For personal use only ❑ Silex’s ‘Rare Earth Oxide’ (cREO®) technology purchased by UK-based IQE in 2018 with payment of US$5 million (in IQE shares) ❑ IQE is global leader in the supply of advanced semiconductor wafer products used in many of today’s semiconductor devices e.g. wirel
Slide 26: Summary
For personal use only Summary 24
Slide 27: Summary
Summary For personal use only Silex (51%) and Cameco (49%) supporting GLE’s efforts to complete commercialisation of SILEX uranium enrichment technology GLE’s path to market focused on the PLEF opportunity - a large, low cost uranium production project with additional potential for uranium enrichmen
Slide 28: Thank you
For personal use only Thank you 26