Grant,
What happens if this Japan reopening is delayed again? Was these not supposed to switched on over one year ago?
And a low ball offer is. 20% premium to where the share price traded before going into suspension. I beleive it was ,2 so add 20% and the take over price could be ,24 instead of ,6.
Or using the latest take over bid, energy Fuels, a market related take over price is at a 35% premium. Take a 35% on ,2 and you and I receive a bid of ,27. We BLR shareholders are receiving ,6.
Be careful what you wish for. If Glasier walks, the BLR share price is sure to crumble before the Receiver steps in. Because that ore at HT will never see the light of day at White Mesa or Pinon Ridge.
Cait
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