market depth, page-63

Satori

150m - 200m shares on issue would seem reasonable once the Discovery deal is formalised, allowing for the exercise of options as well.

As a rule of thumb a 5,000T deposit is worth around $A1b at current U308 pricing, & the AUS/USD FX.

Assuming a 50/50 JV & say 5 years to mine all the resource (as i doubt they will get all 5000T out in year 1!), thats around $A100m potential revenue before costs...

That's the variable element here, will working with a Govt agency decrease the JV costs?

PS, It's 43 days now & counting from my email!