BLR black range minerals limited

doing some sums over hansen ablation

  1. 6,057 Posts.
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    Interested in other BLR Holders feedback on my numbers.


    Special Note prior to reading!!!

    This new Ablation Uranium ore recovery process is perfectly suited for 100% of BLR's Sandstone hosted Uranium resources, to which specifically targets the high grade Hansen containing 19.72Mlb U3O8 at an average grade of 1,270 ppm @ 750ppm (0.075% Cut-Off) grade & the less discussed Boyer Deposit, to which is also a high grade resource at 13,362,476 pounds at a grading of (0.102%) 1020ppm (0.075% Cut-Off)




    THEORETICAL EXAMPLE OF FINANCIAL REWARD OF ABLATION

    Example: Calculated using average grade (0.100%) 1000ppm deposit (30 ton truck loaded with post ablated ore)


    1,000PPM = 1Kg U3O8 (2.204Lbs) per ton
    90% ore reduction through ablation process
    equates to approx 2.204Lbs ×9 = 19.836 Lbs Uranium Ore per ton
    Multiply by 30 tons
    Equates to 595.08 Lbs Uranium ore per 30 ton truck.

    Now using Today's current $61.50 Uranium Contract pricing each 30 ton load equates to an estimated worth of around
    $36,597.42 Less Costs

    Just say we have a total cost per lb. of say $35.00 P/Lb this would give an estimated profit return before tax of around $26.50 P/Lb

    $26.50 multiplied by 595 Lbs U3O8 equates to a (Pre Tax) profit margin of approximately $15,767.00 on each & every occasion a truck travels to for example (Note:proposed) Pinon Ridge Uranium Mill, just over 6 Hours travel from Hansen/Taylor.




    Cheers from G64


 
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