Grant,
I am not being rude to you but if you think HT ore is the uranium savior of Glasier's mill, I have a bridge in Sydney to sell you. Don't you think Anfield, Laramide, UEC, Aldershot, and the other 10-12 local uranium companies need a place to mill their ore? Their ore bodies are all vanadium rich whereas HT is low grade with no vanadium. White Mesa mill will be full.
JORC resources is fine but own 24,5% with delayed permitting, greenies that don't want UGBM in the area, no money, no ability to dilute shareholders any further.
And since you are interested, mill financing can be done via uranium contracts being signed, vanadium off take agreements and forward selling . No critical reason HT ore is required for the mill and if the merger does not go ahead, BLR will own 24,5% of a property with uranium that is stranded and with no mill to process HT ore.
Everyone deserves to know. Ring up Glasier and you will get the answers to your questions.
IMO, imo, imo....
Cait
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