BLR 0.00% 0.2¢ black range minerals limited

Hi Grant Don't understand why management, Azarga and Siebels...

  1. buc
    8,050 Posts.
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    Hi Grant

    Don't understand why management, Azarga and Siebels would accept such an offer?
    More clarity is needed, as to why?

    We know the pilot unit will be heading to the Sunday complex but what about the 5t unit?

    Is there any interest in the 5t?

    my opinions only

    “We are buying it for pennies on the dollar,” Glasier said. “They have $13 million invested in that mill plus the value of the other properties. Uranium prices are low and if you buy assets that are not very popular you are going to get a bargain. The downside of that is what if the price of uranium never comes back?”
    Last edited by buc: 31/01/15
 
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