re presention, page-5

I went to the Canary briefing, which I found informative and well run. The presentation by Mike Haynes focussed mainly on the Taylor Ranch project. To gain the remaining 51% of the Hanson deposit is the next step. To do so on the right terms might take time. When ownership of Hanson is consolidated, bank finance will be available, we were told. When could we see first production? Two years after Hanson ownership is consolidated would seem the earliest.The greater scale that combining the deposits gives would seem to put this project on the right track. Mike seemed like a man who would go to the necessary lengths to keep the company moving forward. As to the Alaska coal deposit, they bought it because it was cheap. It remains to be seen what BLR will do with it. I note that MH was once a director of Iberian Resources. Did any readers invest in that? I was once a shareholder in BLR, but i sold on a previous rise.