BLR gets a new lease of life...

And so it continues....the wishes and hopes of the BLR faithful remain alive.

$1M just to retain the right to continue to develop it for another 3yrs, but not own it.

Azarga apparently favour spending other peoples money rather than their own to keep the lights on?
"The company continues to have the right to draw down a further $1.54 million under the working capital facility that has been in place...blah blah".

Yeah right!...but we'd rather the herd paid for it.

The market has now been signalled that a BLR share is worth $0.0045. I expect they will acknowledge that.