The way I see it, if we get to the point of commercial scale application, as a long term shareholder I would be more than happy for the company to grant Mr GG another $500k worth of shares or cash. The reasons being that it would mean that;
- We would have survived the current cash flow issues - We would have contracts in place for use of our technology which would assist with cashflow, otherwise management would not allocate the much needed (and scares) funds on construction the Ablation equipment.
The way I see it this would be a best case scenario if this is to occur... We would in effect earn 50% of contract income for works performed to 3rd parties and a great deal for using the technology on our own project.
There are many other things that concern me then the agreement with Mr GG - which I view as a positive for the business, the neagtives as we are all aware is the current price of uranium, shortage of cash, the state of sharemarkets around the world, lack of confidence in general....etc etc etc!!!
BLR Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
