why it is a good investment., page-42

"Have any mining permits been submitted?"


Hi Dolphin
Below is what management announced last July 2012....

"Because of the time, cost and complexity involved in permitting and building a uranium mill, a number of projects do not have the resources or grades required to justify the expense. In many such cases these projects are located in areas where transport of run of mine ore to an existing mill is not viable. In instances such as these, Ablation may be the key to unlocking the potential of these sub-economic resources, as a high-grade, high-value concentrate can be much more economically transported to a mill facility.


"A number of these deposits already have existing mining permits, as such they could be brought into production in a 12-18 month timeframe."



So to answer your question I think it's fair to say YES.

Where are these projects?

American Uranium guru George Glasier,a major holder in BLR controls five uranium projects in the USA and Azarga who is yet to become a major shareholder controls the largest uranium project Krygystan.

I'm speculating at least one of these projects will be mined with Ablation technology commencing 2013...