FCU will have about $92 milliondrilling money and also for early environmental baseline studies.
Dev and Ross team fouind about 120-130 million lbs in just a few years with skimpy drilling programs.
Now they can go after the source of the big bolder field in a serious way.
There are other rather interesting geophysical possibilities to aid exploration.
Pattern recognition from R780 could be used to scan the whole proprty, even seismic techniques maay be helpful, especially the sound wave bouinces off high grade zones. So we get a spike bounce using seismology off a high grade pod, then drill it.
THis is a blockbuster deal for not only Fission but for the whole basin.
Behind the scenes here we can expect the Cinese to be working out plans with both Areva and Cameco.
If and when NXE gets a trustworthy 3rd party 43-101 resouce calculation out, that is comparable to FCU, all the better for another round of deal making.
Exciting times ahead in 2016 2017