Gday BT,
Not music to my ears but supports my thesis uranium will be lower than the markets believe.
What I find interesting is on page 6 of the John Kyle HT valuation report. It says HT is worth $13 million. That is for 100%. But we know BLR does not own 100% of HT and needs to pay $13,5 million to own 100%. It would seem to me that WU is paying too high a premium. This deal might see WU walk away. Then we will have trouble.
Cait
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Japanese court issued an injunction to block the restart of two reactors, page-4
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