Ann: Appendix 3B , page-6

Here's some clarification regarding sandy's post.






Once BLR can push it's Market Cap near it's peers $100Mill+ over the next 6 Months, to which a large majority of shareholders believe it can, then Haynes can feel justified in attaining the above incentive opps.

Note BLR DYL PEN TOE are all in very similar near production planning period of transition from Explorer to Producer over the coming 6-24Months.


Current (DYL @ $109Mill)

Current (PEN @ $120Mill)

Current (TOE @ $119Mill)



Those to whom recently picked up @.005 a now glad that they did, with a decent 160% return over the past Month, with next week looking set to run through the 2's :)






Reminder






Construction of an initial semi-commercial scale Ablation processing plant advancing well and scheduled for completion in April 2013.


Construction of this 5tph unit is expected to be completed in April 2013. It is anticipated that, on completion, this unit will be tested at ABT's manufacturing facility for several weeks before it is deployed for initial field trials.


This initial unit will be readily mobile, hence easily relocatable from project to project to facilitate advanced on-site testing prior to full-scale operations.



_____________________________________________________________________________________________


Some Highly influential names now appearing within the current BLR Management Team


Mr. Ian Cunningham
of Adamus Resources Limited, during which time Adamus developed the Nzema Gold Mine (Ghana) and subsequently merged with Endeavour Mining Corporation.

Prior to entering the resources industry, he worked in the Corporate Finance division of Deloitte in Australia and the UK.



Rod Grebb
30+ years experience in mine permitting and reclamation for uranium projects in the US and has previously worked for Tetra-Tech Inc and SRK in a senior consulting capacity specialising in mine permitting and regulatory matters for their clients.
Rod Grebb was Uranium Project Manager at Tetra-Tech

Tetra Tech Incorporated.
Revenue: $500 mil. - $1 bil.
Employees: 1,000 - 5,000
Listed on the Russell 3000



George Glasier
40+ years experience in the uranium industry in the USA, with extensive experience in sales and marketing, project development, and in permitting of uranium processing facilities.

Glasier was instrumental in putting together the land for a uranium mill that Energy Fuels Nuclear wanted to build near Blanding, Utah.

That mill, the White Mesa Mill, was built and operational by 1980. It’s currently the only operational mill in the United States and is owned by Denison Mines.


After Energy Fuels Nuclear was sold in 1992, George founded Energy Fuels & was responsible for building the company from scratch and leading the application process for licensing of the Pinon Ridge uranium mill planned for construction in Colorado.


Alexander Molyneux
(Director appointment pending)
Molyneux was Managing Director, Head of Metals & Mining Investment Banking, Asia Pacific, with Citigroup. In this position he spent approximately 10 years providing specialist advice and investment banking services to mining and industrial corporations, including extensive involvement in coal-related transactions.
Molyneux has advised on coal-related public offerings, mergers and acquisitions, bond and debt offerings totaling several billion dollars. He joined Citigroup from UBS in early-2007 as Head of Metals & Mining Investment Banking.



Big Year coming in 2013 for BLR

Cheers :)

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