Any chance of Ablation Tech playing a role on Paladin's...

First 25 Last

Share
Profile

Follow
buc

8,104 Posts.

11

11/08/15

08:43

Post #: 15783031
Share

Originally posted by cait11 ↑

Slick,

Indeed the deal will go through, particularly as one of the largest supporters of the deal, Molyneaux, has just been appointed CEO of Paladin. He is pro Glasier and is 100% supportive of WU. AM understands that America is where the action will be in terms of future production. azarga votes yes, AM then has azarga as one of the largest WU shareholders in his back pocket. Then PDN makes a play for WU to get at 2016 American uranium production and cash flow to build out the PDN canada operation.

As for the market value of the two machines, the pilot machine has no commercial value as it is not of industrial size and scale. The 5 t machine is not officially operational and therefore would have scrap value. The value is the patents which neither WU nor Blr owns. The ablation machines would be in one company and that company would be pledged in its entirety. It is not a piecemeal disposal in a collateral enforcement exercise.

As for HT, the $13m debt looming is more than any current value. And if the HT annual permits are not paid, the value is negative. Lest certain posters here forget, a cut off of ,025 will not be mined. The hype and hope of several here on the series of HT deposits which really only hold about 20 million economically feasible pounds is remarkable.

Also, the asset value if HT in the scheme book is based on consultant fees paid. Basically goodwill . Glasier would exercise 100% control over HT holding company and do what he pleases. The HT asset is not given to a third party to sell nor would it be sold piecemeal. I did read the entire scheme booklet and I do have questions at what is a real blr asset value versus what is shown. It is my opinion that blr cash situation is so dire, it is only the $450k loan that has keep blr from liquidation. This is also supported by the end of July cash flow and activities statements.

And we still wait patiently for the operational and strategic plan in a NO vote situation from a couple posters here.

Cait

Expand

Any chance of Ablation Tech playing a role on Paladin's sandstone deposits,with Paladin's newly appointment CEO Alex Molyneux, cait?

BLR Price at posting: 0.2¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

First 25 Last

Add BLR (ASX) to my watchlist

Any chance of Ablation Tech playing a role on Paladin's...

Top Stories

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Cyclone signs MOU with Vale for development of Iron Bear play

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Banshee's historic trenches prove rich in antimony and gold for GDM

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Featured News