BUC,
What valuable assets of BLR has the market already priced in at ,3? Ablation that is not commercial? Is this worth ,1 ?
90 million pounds? Seeing BLR does not own 90 million pounds this is a zero. Quit misleading the market, BLR owns only 24,5% of the HT properties, BLR needs to pay US$13,5 million to own 100%. But seeing there is a notice of deficiencies, I am guessing that there are serious issues within HT. In my opinion.
Exploration tenements? The coal property? What tenements sure you referring to? There is nothing of value inside BLR that the market has not already priced into the share price of ,3. In my opinion.
BUC, if the market thought BLR was worth more than ,3, the price would be more than ,3. The fact that all s on the table to see, I am surprised WU has not withdrawn its offer.
Cait
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