Silex Systems Limited · ASX:SLX
Silex Systems — OTCQX Best 50 Virtual Investor Conference 2023
18 slides from Silex Systems's conference presentation, Jun 15, 2023
Slide 1: Investor Presentation
Investor Presentation 15 June 2023 Silex Systems Limited (Silex) (ASX: SLX) (OTCQX: SILXY) is pleased to provide the attached presentation, to be delivered by Dr Michael Goldsworthy, Silex CEO at the OTCQX Best 50 Virtual Investor Conference on 15 June 2023 (EDT). The presentation provides a summary
Slide 2: Silex Systems Limited OTCQX Best 50 Virtual Investor Conference
Silex Systems Limited OTCQX Best 50 Virtual Investor Conference For personal use only Investor Presentation (ASX: SLX) (OTCQX: SILXY) Dr Michael Goldsworthy CEO/Managing Director 15 June 2023 (US EDT) www.silex.com.au 1
Slide 3: 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 or Company) is a technology commercialisation company whose primary asset is the SILEX laser enrichment technology, originally developed at the Company’s
Slide 4: Our Mission: commercialise SILEX laser enrichment technology
Our Mission: to commercialise the unique SILEX laser enrichment technology for application to: For personal use only Uranium production Silicon enrichment Other potential markets and enrichment (silicon quantum computing) (e.g. medical isotopes) (nuclear power) Our strategy is focused on extracting
Slide 5: Investment Focus – Strong ESG Credentials
Investment Focus – Strong ESG Credentials Investment in three key growth industries with strong ESG credentials: 1) Nuclear Power for Clean Energy – potential to support Net-Zero 2050 targets with carbon-free electricity production 2) Next Generation Quantum Computing – expected to help solve global
Slide 6: Focus on Commercialisation
Focus on Commercialisation Uranium production and enrichment For personal use only (nuclear power) • SILEX uranium technology licencee Global Laser Enrichment (GLE) is actively progressing towards commercialisation • US-based GLE under JV ownership since 2021: 51% by Silex and 49% by Cameco Corporat
Slide 7: Nuclear Fuel Production and Emerging Threats
Nuclear Fuel Production and Emerging Threats The Nuclear Fuel Supply Chain For personal use only Emerging Threats to the Global Nuclear Fuel Supply Chain: - Supply chain risks exposed by over-dependence on Russian-sourced nuclear fuel - Western supply - curtailments and under-investment in resources
Slide 8: US and EU Nuclear Fuel Requirements Supplied by Russia
US and EU Nuclear Fuel Requirements Supplied by Russia Russian Share of Global EU Nuclear Fuel US Nuclear Fuel Production Capacity1 Supplied by Russia2 Supplied by Russia1,3 Uranium (U308) ~14% ~20% ~14% For personal use only Conversion ~27% ~24% ~18% Enrichment (SWU) ~45% ~31% ~20% 1. WNA and UxC v
Slide 9: Recent Nuclear Fuel Market Price Trends
Recent Nuclear Fuel Market Price Trends For personal use only Source: UxC • Global nuclear fuel markets are pricing in the impact of a bifurcating market precipitated by looming Russian fuel sanctions • According to UxC, Uranium spot price has increased by ~175% from ~US$20/lb (2018) to ~US$55/lb (M
Slide 10: Acceleration of GLE's CY2023 Activities for SILEX technology
Acceleration of GLE’s CY2023 Activities for SILEX technology GLE has unique potential to address the ‘Triple Opportunity’ emerging in the global nuclear fuel supply chain: • GLE joint venture owners Silex (51%) and Cameco (49%) have agreed to a plan and budget for CY2023 that accelerates activities
Slide 11: GLE's Potential Timelines for Commercialisation of SILEX technology
GLE’s Potential Timelines for Commercialisation of SILEX technology1 For personal use only www.silex.com.au 10
Slide 12: GLE's Multi-Purpose PLEF Production Plant Opportunity
GLE’s Multi-Purpose PLEF Production Plant Opportunity The PLEF Triple Opportunity Paducah Laser Enrichment Facility (PLEF) commercial project to deploy the SILEX technology in the US: • PLEF UF6 Production: Production of up to 5 million pounds natural grade uranium (as UF6) annually for up to 30 yea
Slide 13: GLE's Multi-Purpose PLEF Production Plant Opportunity
GLE’s Multi-Purpose PLEF Production Plant Opportunity For personal use only Source: GLE, Multi-purpose PLEF (indicative) www.silex.com.au 12
Slide 14: PLEF UF6 Production Opportunity
PLEF UF6 Production Opportunity (Natural UF6 production from tails) Target Commercial Akin to a ‘Tier 1’ Uranium Resource* Equivalent U3O8 Operation Date For personal use only Based on low cost and Production Baseline: c. 2030 longevity of production Up to 5 million lbs p.a. for (with potential acce
Slide 15: GLE Value Proposition for Silex
GLE Value Proposition for Silex* 1) GLE Equity – Minimum 25%: • Currently 51% - potentially 25% post-Cameco Option, with payment for 26% at fair market value For personal use only • Significant equity stake in GLE as a potential major nuclear fuel supplier • Attractive business case with Triple Oppo
Slide 16: Significant Additional Opportunities
Significant Additional Opportunities For personal use only Silicon enrichment Other potential markets (silicon quantum computing) (e.g. medical isotopes) • SILEX technology proven capable of producing highly enriched silicon • Newly commenced Medical Isotope project aiming to develop and in the form
Slide 17: SILEX Technology Summary
SILEX Technology Summary GLE’s path to market underpinned by the PLEF UF6 project for cost effective production of natural uranium (in the form of UF6) and significant value of the contained conversion component Acceleration of CY2023 activities in the pilot demonstration project creates opportunity
Slide 18: Thank you
For personal use only Thank you 17
Silex Systems — OTCQX Best 50 Virtual Investor Conference 2023 on 6ix