interview with alex molynuex of azarga, page-8

buc


Finance to build the first 20 t/hr ablation unit for Nuvemco ?

WHY !


buc, you will find that once the finalisation tests of bulk ore samples from the various Company's has been completed the 5Ton Unit shall be positioned on the Nuvemco October stockpile site. Absolutely no need to build a 20T Unit for Nuvemco at this early stage.


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In regards to financing the 20T Units, one would suggest that financing will be solely written into the the build Contracts, progress payments listed on the contract will
have to be made from Day 1.

First payment under the contract is usually a 10-15% deposit and should be limited to the BLR/Ablate initial construction start costs, with ongoing progress payments until completion.



So basically the toughest financial period for BLR is at this very present moment on completing the 5T Semi/Comm Unit.


So what is the one Major news announcement that will send BLR's share price into a frenzy ?


The First Signed & Sealed
20Ton Ablation Build Contract !


Hopefully with a Major World Uranium Player Cameco/Areva/Denison :)




From this ongoing period BLR/Ablation Techs financial burdens upon shareholders, should become farrrrrr more favorable.



P.S. My thoughts only


Cheers from G64 :)








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