BLR 0.00% 0.2¢ black range minerals limited

Good report:1. completion of the scoping study which suggests...

  1. 22 Posts.
    Good report:

    1. completion of the scoping study which suggests that U mines at Taylor Ranch is economically viable with estimated net cashflow (before capital, depreciation, rights) of US$68m based on U price US$65/lb.

    2. 'targeting' the development of a conventional acid leach plant at a cost of US160m capable of producing 2.2m lbs U per annum

    3. Acquisition (100%)of Keota U project also in Colorado

    However, it is kind of low key and feels a bit strange. I consider the completion of the ss and the acquisition of Keota as major milestones and should therefore be announced with a lot more fanfare. Am I missing something here?

    Perhaps a lot of it hangs on the 27 May hearing.

    I can't wait to see the full scoping report.

    Cheers



 
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