BLR 0.00% 0.2¢ black range minerals limited

Ann: Independent License To Utilise Ablation Worldwide, page-28

  1. 458 Posts.
    Grant,

    Let me help you. White Mesa is basically on care and maintenance, milling only the Pinenut ore. white Mesa is due to close until 2016. This is one of the reasons for the Uranez deal.

    2000 tpd at White Mesa is the capacity. One ton of HT ore is 1,5 pounds. Even if 100% of WM was dedicated to HT ore, this is 3000 pounds of uranium per day, times 350 days is 700 000 pounds per annum. BLR management told shareholders that HT will produce 1 million pounds per annum. So clearly this is not happening.

    Now we all know Energy Fuels is not going to toll mill HT ore. Energy Fuels can produce from Roca Honda and its other properties enough to fill the 2000 tpd feed requirement.

    I ask you Grant and BUC, where will the HT ore be milled? Because it is not going and can't go to White Mesa.

    Cait
 
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