tydec writes:: Your main concerns about funding and the low...

tydec writes:: Your main concerns about funding and the low share price have also been addressed and attributed to the very low spot price.

Where and by who tydec plz post a link to the funding been addressed.

I will add, as of 30 june cash burn was $1,542m for the quarter, with $2,413 in the bank in june. Going by the cash burn to date i think about $1m left.

As you say tydec the low shareprice is attributed to the very low spot price.(by the way must uranium is sold by mid to long term prices)

The reports i been reading lately feel the uranium price could stay down for another 2 to 3 years.
If that is the case BLR would need to raise $12m to $18m just to stay afloat on current cash burn... all this with a market cap of just $14m.... now you do your sums tydec and show the forum what you come up with??? and put your troll away.

Im off to do the wash the dishes and play with my stamps.