Apparently the cause of the delay in doing the deal for Hansen Part 2, is because some of the stakeholders of the other 51%, have royalties attached to their leases.( Old style leases)
This information is public knowlege, if you had been present at the "Canary Events" seminar last July, as I was.
So a fair an equitable deal has alot of devil in the detail for the project going forward if all " I's and T's are not dotted and crossed. Especially if going forward a big player in the Uranium market took a liking to an undervalued company, which has ALL the boxes ticked.
After all Uranium mines have a very long lead time compared to many other commodities, just ask John Borschoff.
SwissB
BLR Price at posting:
4.2¢ Sentiment: LT Buy Disclosure: Held
