BLR 0.00% 0.2¢ black range minerals limited

Ann: Independent License To Utilise Ablation Worldwide, page-21

  1. 458 Posts.

    IMO imo imo,

    A snowball in hell has a better chance or surviving than any reassess. Why? Because the largest shareholders, management and other reasonable shareholders have already agreed to the 100% premium takeover. I guess that percentage is close to 50% of all outstanding shares. The math is not difficult to complete.

    I believe, IMO, that based on BLR being in worse shape financially that one would have expected, an energy fuels-uranez premium of 35% is about ,4 per share, in a 2015 market uranium sector merger ratio. So we can take ,6 from WU in a few months and have a future or we can play stupid and end up forcing a bid at ,4 which is market related at a later time. And those 50% I mention above would not let that happen.

    So BUC, where will the HT ore be milled?

    IMO imo imo....

    Cait
    Last edited by cait11: 23/03/15
 
watchlist Created with Sketch. Add BLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.