The Cameco Q2/MD&A should tell us what they have been spending on GLE as their 49% will be reported under "R&D" in C$. So the SLX spend will be 51%/49% of the Cameco spend. I have recorded the historic spend by Cameco (and by implication SLX) so should be able to get some idea of the latest SLX cash position (the big guess will be what SLX have spent on MIST & ZSSi and other overheads). SLX should also get back something from the R&D tax incentive since they are a less than A$20m turnover company and other Australian companies (e.g BLG) have been able to claim valid US R&D expenses (that will upset Bowen).
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