even if it's an additional $3mil for the remaining 20% interest...

even if it's an additional $3mil for the remaining 20% interest it has to be well below potential earning....seems crazy to me

• After earning the 51% position, Deep Yellow can acquire an additional 29% at any time up until the commencement of a bankable feasibility study (“BFS”) on any specific resource, for an additional $3,000,000 indexed at CPI.

• After completion of any individual BFS on any particular resource, Deep Yellow may buy out Matrix’s residual 20% position (assuming Deep Yellow acquired the 29% referred to immediately above) in that specific resource for a value equal to 15% of the in-ground value of Matrix’s 20% holding in the resource. Each separate resource subject to a BFS, is subject to this buyout provision.