zed327, so when you say 779M shares fully diluted, you are...

zed327, so when you say 779M shares fully diluted, you are assuming that URA will meet those exceptional production targets which will lead towards at least $50M revenue each year?

Oh, that's good to hear. It sounds like you are quite bullish on this one to be so presumptuous with those share registry figures! If those production targets are met, which you seem to believe they will be given your broad assumption, then this will be many multiple times the current share price by the end of the year given how low URA's operating costs will be. Thanks for clearing that up.

So just to make sure we are on the same page...you are assuming a 30,000 tonne per month operation when you talk about the fully diluted share registry of 779M shares?

Geez, that would make this stock quite valuable then wouldn't it? With all that cashflow coming in?

Oh and by the way, given you are talking about a fully diluted market cap, you are also assuming a full conversion of those options which will raise about $10M cash which we can spend however we like. Right?

:)