it has also specified such negotiations may not lead to a positive outcome
i suggest all be careful about blr. the mill is operated by a private firm and i very much doubt they would give it to another especially as they can only process a small amount. Wouldn't it be in their interests to explore and find and process ore themselves, especially in the height of the uranium boom? Why would they let another 3rd part use vital processing requirements?
I know my math, and the fact the mill can only process 300,000tonnes of ore per annum means it can only produce 600tpy of u308, given an average grade of 0.2% in the region. With such a low production amount i think ppl's expectations are too high given that BLR won't be able to use the full extent of this production capacity(cotter has to make money too).
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held