According to John Kyle Engineering, as of early 2014 and based on uranium prices at the time, total resources of Hansen/Taylor Ranch were 26.8 million pounds, not 90 million. JKE concurred with Tetra Tech, Inc.'s conclusion that a 0.100% cutoff grade was appropriate, not the 0.025 cutoff grade used by Mike Haynes in his 2010 news release Letter of Intent to Acquire the Hansen Uranium Deposit. According to JKE, 71.5% of the resource was controlled by BLR, or 19.2 million pounds.
Hansen-Taylor Project Valuation Report, John Kyle Engineering, LLC, April 30, 2014 (engaged by BDO Corporate Finance (WA) Pty Ltd)
BLR Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
