Ann: Positive Evaluation of Borehole Mining - Han, page-33

re: Ann: Positive Evaluation of Borehole Mini... Pray tell chipo where the negative assumptions are?

It seems many here have their heads firmly planted in the sand. I commented on the (costly) processing of slurry and the fact BLR hasn't disclosed processing costs. This alone is a red light to me.

If anyone here believes the C1 cash costs will be as low as you seem to believe they will be, then I firmly beg to differ. If they were then BLR would place those numbers up in lights, even if just calculated assumptions.

And I get accused of having rose coloured glasses, have a look in the mirror. The market has a firm distaste for high Opex/Capex projects, you would do well to remember what happened to BMN and PNN post announcing same.

Far from eating humble pie, I have shares in the next uranium producer. BLR is yet to show it is getting any closer, until it does it is just a watch for me. A positive PFS may have me change my mind, these costs have done the opposite.