Come on Holders, why the fuss & carry on regarding Capital Raising, surely we all new the requirement
of the need to attain funds & that it would occur late 2012.
How else would management turn this 750 - 1,500 lb / hr Ablation System pilot test Unit.
Into the first 20t/hr Commercial scale Ablation Unit.
Approximate Cost of first Commercial 20T/Per Hr Unit
20T/Per Hr first initial unit to cost approx $7Mill due to the need of every feasible data process to acquire all aspects of initial operation. This will be the Processing Data Unit that will be initialized on all new Mining Sites.
Ongoing Units will then cost approximately $4Mill due to the non requirement of data accumulation that will be attained by the initial first unit.
Something else to think about!
Why would Mike Haynes return as MD if he new there were no plans by BLR in process to acquire funds?
POSSIBLE FINANCING OPTIONS
IMAGE LINK
As can be seen from the above informative link, there are an array of possible opportunities to raise development funds.
Cheers to all BLR Holders New & Old
.
