saille,I got these figures off the Nov. 2003 press release. SLI can earn up to 51% by coming up with 50,000.00 cash, exploration costs of not less than 1.5 mil., and issuing an additional 500,000 shares over 3 yrs. They can acquire a further 24% with 100,000.00 cash, exploration costs of 2.5 mil., and issuing an additional 1 mil. shares over three years. Now I would take this to be two separate options, meaning you wouldn't go through with the 51% option and then decide to add the 24%more option. ou would just choose the 75% option or stay with the 51% option. I will get this clarified with Earl ASAp. MUSKIEMAN