BLR 0.00% 0.2¢ black range minerals limited

positive mention of WU in news, page-3

  1. 561 Posts.
    lightbulb Created with Sketch. 22
    WUC just released its Q3 financials. Just less than a half million in cash, but a burn rate of $160k per month, trade accounts payable of $575k, accrued liabilities of $218k, and the Nueco ($189k) and Siebel ($108k) loans are both in default. In other words, WUC is insolvent.

    At least two million needed to commence production, as well as a U term price of $45/lb., a new milling agreement with White Mesa, receipt of modified mining permits, and receipt of any required ablation licensing.

    Tough few months ahead for Mr. Glasier, et al.
 
watchlist Created with Sketch. Add BLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.