ablation recovery unit progress update

It's time for a Market Reality Check !




As all current BLR holders would know, this Announcement regarding Ablation Unit Construction was released on January 22nd 2013.

" Construction of an initial semi-commercial scale Ablation processing plant advancing well and scheduled for completion in April 2013. "



That being the case one would tend to suggest that Construction should be completed as per previous Company announcement, by the end of April
( Total Construction period being approximately give or take 14 Weeks )




From Tues Jan 22 - to current Today, Friday March 8 Construction period is
( nearing 7 Weeks ).


Got That !


So lets say construction had already begun prior to announcement
(conservatively 1 Week)


That puts the first Unit in the current construction stage of approx, ( 8+ Weeks )



Got That !



With the above assumption one would assume that we are nearing 60% completion of the initial semi-commercial scale Ablation Recovery Unit.



Got That !



Putting pictures into words, current construction progress I would assume, would currently look similar to this :)






near 60% Complete



P.S. My musings only DYOR !

Cheers :)


It was good to see a slight U3O8 March 2013 futures increase overnight up 25c to $42.40P/Lb



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