Hey Dabru
The great thing about that 40% Copernicus and the ROY shares and the UMC shares is that it gives the boys all sorts of options when it comes to getting their hands on some cash to push the Uranium project.
How good will it be to not have to dilute everyones shareholding too much with these other assets to be called on.
Of course the ideal will be for PAN to get Copernicus up and running and have a regular cash flow but if that does not happen in the right timeframe the UMC and ROY shares could be knocked out at good price.
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- 20.3% u3o8 is one very nice sample
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