rare earths cap ladder, page-6

Not fair but reasonable was how the agreement was
assessed.

At present there are
392m shares @ 3.3c =$13m market cap today.
208m options.

They still haven't issued the 150m shares and 150m options.
That's why it might seem cheap.

542m shares @3.3c = $18m market cap
358m options

That's for 51%

$25m commitment in exploration and $54m to buy the remaining 49%

Rmr should be a good trade.

How many shares by then,but lets not worry about that now.