Imagine how many mines there are around the world with stockpiles of low grade host material that was dug up simply to gain access to the higher grade sections of any deposit. These stockpiles are worthless unless the commodity price rises to a point where processing, transporting, milling, shipping, becomes economically viable.
Along comes a minnow with a new tech that can actualise value where others cannot, using nothing but recycled water, a generator and a unit that fits on a truck.
When the process is proven, and the scale increases, and deals start to get signed, cash will flow.
If you think BLR shares won’t go past previous highs you are short-sighted.
BLR Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held