you are 100% correct Coit . It's around 170 odd million shares...

you are 100% correct Coit . It's around 170 odd million shares now. Although even after the dilution they still traded over ten times their price per share from those days.
I guess my point is ,then SLX were a bunch of guys in a lab in Lucas Heights with not much, saying we think it will be ok. They appeared to be right up shite creek without a paddle. History proved they weren't.

Now they are much more equipped outfit with a more mature tech , who due to Fukashima have found themselves in that same water way with all the other uranium enrichers. Although I believe they are not so far up that creek , still have $50mill worth of paddles and a better technology.

Demand for enriched uranium is forecast to increase beyond supply . Yes the Chinese and possibly the Russians will build enrichment plants, but do you think the yanks will depend on that source for their own fuel supply ?

Would you sell now for 33 cents if you were me? I'm holding . It could go either way but I believe the upside is greater at this point.