That may all be well & true. However the time lines do not extend to BLR.
Here's a more likely scenario on that basis. BLR is gifted to WUC, now own all BLR assets & ablation patenets etc).
Alex & good mates with Glassier as he prevented the 'loss' of the assets from the control of Alex & T 20 holders
Alex now in charge of PDN writes a chq for WUC funding to benefit PDN mine , meanwhile rewarding Glassier for his assistance, without which administrators would have stipped it bare & major shareholders lost control.
There is a game being played here & with hindsight all will be revealed.
BLR is not in this picture, unless it can survive in its own right...but so much backroom discussions have been played out to date, can't see it being entertained as a bigger prize in sight.
BLR Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held