insitu value .... plushtek

Plushtek

You keep mentioning BLR's uranium to be worth $400 million

They are targeting 15 million lbs at Taylors, plus 2.5 million - Their share of the Eagle & Cyclone deposits = 17.5 million lbs

@ A$95.91 p/lb, the total insitu value is A$1.7 BILLION

Standard production costs will be at, or under, $20 p/lb - Hence expect a profit in the order of $75 p/lb

Based on this industry standard, BLR will make a profit on their uranium in the order of A$1.3 BILLION

Cheers