And how is that bad news for LBSR? It most certainly is not. To put it in simple terms... No new claims = Bonanza for existing claims when Uranium prices increase. And they are going to. Its so obvious.
Moratorium makes half of the that cheesy power point moot.
Regurgitates of old info smacks of NO NEWS, NO FINANCING, NO MORE MONEY!
The "Group Think" crowd here loves the big numbers in that crappy power point but refuses to calculate the valuation that will be given to LBSR by investors, which is heading below .01 per share.
Historically JB give a 50% discount to investors (FACT-I've calculated this for the board before);
We will be sitting at .01 very soon so a chinsy PP means nothing. Jobeconomics sounds like a joke ploy. It's kind of funny; come up with a HUGE plan to raise money for 100 things. Good Luck.
Who in their right mind would give JB $25M for the next phase of his plan? seriously?
This is the part that really tells what the market thinks of this Briscoe: