BLR 0.00% 0.2¢ black range minerals limited

trading halt, page-18

  1. buc
    7,974 Posts.
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    The company has said in the past on a number of occasions they are looking to buy uneconomical uranium sandstone deposits, with mining permits in place, where ablation can make the projects viable

    I have no idea what the acquisition is, but even if it's a small deposit of 10 million pounds and assuming it has a mining permit in place, the value added to BLR would have to be $5 per/lb, for $50 million. The reason imo, is because the project can be fast tracked into production almost immediately.

    Rembember, BLR has George Glasier on board as a consultant.
 
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Currently unlisted public company.

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