This is the type of agreement we shld be seeing. PDN bond issue. Tier 1 U308., page-18

Robot,

I have read the releases many times and BLR owns an effective 24,5% of the entire HT deposit.

Secondly, yes HT at 600 ppm is lower grade. And yes, ablation does not work on a commercial scale and needs to be proven. What HT does provide is size, but is unpermitted and will take many years to get into production, if at all.

I want WU to buy BLR so we can get access to near term production, so BLR shareholders can stop bleeding money. I also want a CEO that is an industry expert in uranium, can manage the permitting process by being in site, and can get ore via one or two mills to the market. It is also advantageous to have several uranium properties and not just one.

And yes, this might be a bad deal for WU. I think WU is overpaying for BLR. But this is an inexpensive way for BLR shareholders to recoup some losses and to get exposure to a near term producing uranium company.

Cait