ann out, page-20

There again, where have I said no value?

I have NEVER argued about the resource, only how are you going to extract it economically.

Borehole & ablation HAS to work or this is stranded.
ISL won't work & hard rockis too expensive or BLR would have progressed downthis path as permits are in order??Yes

Everything is worth something, Especially if you get it for the right price.

The project is seen as being in an early development stage, so look who you are being compared to for a valuation purpose.

Take your argument to JKE as I'm sure your credentials out weigh his paid opinion re the value of Hansen deposit as it currently sits.

Yes there is potentia,but I not Alex is not paying for this potential, is he.

How much do you need to get fully permitted?
Where will this funding come from?

Do you have a PEA or a BFS yet?

How much has Alex put in BLR to potentially own 42%. What's the highest price paid so far. It's an exercise I think you need to do.

His track record speak for itself. He is a Corporate Banker.

More runs on the board buying distressed assets & remodelling to make a dollar than seeing a project through.

The value for Hansen was not set by me, it is being used to justify how much (or little) money has to be stumped up to own a larger chunk of BLR & make the current shareholder a minority group.

It will go where Alex wants it, when Alex wants it.

Hasn't funded BLR that well lately only $100k left in the kitty.

It he was truely the visionary, why isn't BLR ramping up the development (funded by Alex) so as to be in a position to take advantage of the oncoming Uranium price spike as per the graph on page 14.

That's a nice way to treat your primary investment, wait for them to be up against the wall, with no alternatives.