RE: Time for another interview Paul10 Dec 2018 18:48
Id say the board at BKY need to keep their mouths shut and sit it out, its a painful ride for many shareholders sitting on losses.
Fundamentally nothing has changed with the company itself, its just the current Spanish Government and the permits.
The current government could get re-elected again or a new government who are pro business and pro mining could be elected and this share will shoot up.
With respect to the Oman fund what message does this debacle send out to these oil rich nations looking to invest and diversify into energy away from carbon polluters! Or any investor into Spain, this BKY adventure has gotten so close to production, all the time and resource spent on getting to where they are and now this!
My thoughts to the Spanish Government are, strike a deal that is firstly beneficial to your people and provides jobs, the mine will not be there forever it only has a short lifetime in your history. Make sure environmentally after its does not leave a blight on the landscape. You are missing out on a fantastic opportunity, as there are other providers of Uranium more than will to supply the market and you are missing out.
As far as it goes this one is dead in the water until the outcome of the next elections why risk going for the permits under this administration - its not as if the region is going to be pillaged through fracking and the company walks off with all the spoils leaving an environmental disaster there!