Remember We Have a High Value Resource !
Yes a mixture of Ownership & Rights to the Hansen/Taylor Resource !
Although the Ablation Tech process is an important factor of George Glasiers interest in acquiring BLR as a Company, I believe it's not the major asset that Western Uranium is focused upon.
The way I see it, it is the Uranium resource that being Hansen/Taylor's 90Mill lb's that George requires to give assurance to finance funding requirement needs to construct the Pinon Ridge Mill.
NO 50Mill lb Resource would equate to No Pinon Ridge Mill.
It makes very little sense to acquire Ablation if the Company cannot obtain finance for the Mill.
If Western Uranium can assure financiers that they have the U3O8 feed resource
90Mill lb HANSEN/TAYLOR then one would presume financing would within reason even at today's Uranium prices, be obtained.
IMO: The Hansen/Taylor Resource is just as much a key ingredient to the deal as Ablation !
George Glasier cannot afford to see Hansen Taylor slip through WUC's fingers, as it's a golden opportunity almost overnight to substantially boost their in-ground proven resources.
G64
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