Need to back out the additional transport costs to get the ore to processing site and also we will only be receiving 70% of the sale assuming grade of 0.13 BUT it all goes according to plan and the technology does what we expect it to then this validates the process/technology and those that are awaiting confirmation of the process will no doubt then be in a position to commence 'formal' negotioations with BLR - who these interested parties are... who knows but I am assuming that the volumes would be alot greater the 10k tons. I would personally be happy if the October partnership covers our development costs and leaves a little left over in the bank to assist with construction of larger units when 'other interested' parties come to the table... then we can generate some cash on the side and refocus on permit process for our holy grail.... Lots of assumptions, but I'm finally feeling that this are starting to move in the right direction... I have been a very long term holder
all above IMO and DYOR
BLR Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
