BLR 0.00% 0.2¢ black range minerals limited

Facts are facts, page-29

  1. 561 Posts.
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    That's an excellent question buc. Utility purchasing managers must be aware of the following facts regarding WUC:

    1. As a result of poor cash flow, the company has had to negotiate loan workouts recently, including fees paid to lenders to extend the loans.
    2. The Sunday Complex mines are on temporary cessation status with the State of Colorado.
    3. The Hansen/Taylor Ranch project remains unpermitted.
    4. WUC has so far been unable to obtain a permit to conduct underground borehole mining testing at Hansen.
    5. The company has not responded to an August 2015 request by Colorado regulators for technical information on the ablation process, after Black Range submitted its ablation white paper in July of that year.
    6. The NRC and State of Colorado have been unable to determine the regulatory status of ablation due to WUC's inaction.
    7. The company has not publicly issued an economic analysis of commercial-scale ablation.
    8. Only very small quantities of ore have been used to test the ablation machines, none of which have been commercially deployed.
 
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