ReutersReuters

Australia's Silex Systems hits 18-year high on third-party validation of technology

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** Shares of Silex Systems SLX rise as much as 22% to A$9.44, their highest level since mid-October 2007

** Stock of uranium enrichment tech co posts its biggest intraday pct rise since June 16

** Co receives third-party validation for uranium enrichment technology from a Fortune 1000 technology provider

** Review confirms Global Laser Enrichment (GLE), the exclusive licencee of the uranium enrichment technology, has achieved commercial-scale readiness and can confidently move forward with detailed design

** Stock up 72.1% YTD, including the session's moves

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