some financial realities

"BLR's - Taylor Ranch (TR) Prospect (N.W. TR 10-15 Mil lbs TARGET).."
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Well what's that worth in a financial sense.

Given Uranerz takes 50% if the target exists then consider this:-

BLR Mkt Cap = $115m

Normal risk valuation methods would require such a co. to generate $17m profit over a project life of 20 years.
That's $340m and not much different to the inground value of the targeted U and current prices (not allowing for any setup costs or tax or exchange rate risk attached to the USD).

I know, no allowance for that 100 year old copper mine and Koonberry. Still, all this is a long way off and there'll be alot of capital required in the meantime. At the moment it's an each way bet that will be driven purely by technical trading and the PR machine. Needs alot more confirmation of resource potential to get my dollars back in (not likely in this market).