Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

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Joe Blow said:
Simon, it is not appropriate for other ASF members to be advising you to buy or not to buy shares in any company. In fact, it is against the law for anyone other than a licensed financial advisor to provide you with any kind of financial advice.

All I can suggest is that you do your own research (this thread is a good place to start) and come to a decision that you feel is right for your particular financial situation.
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Hi Joe Blow,

I have to agree with you on that one. There are plent of interesting threads on this forum with good ideas from many knowledgeable traders, but one would be very naive to rely on the info alone in this forum. After gaining any info from any of the threads people should do their own homework and judge whether things stack up or not. Thats why at the end of my contributions I put down DYOR (do your own research).
DYOR
 
Getting very close to that previous high of 1.795. Currently sitting on 1.75. If the results are good..wow..its going to be fun.
 
It just spiked 1.78, looks ominously close to that previous high :D

What timeframe is that announcement approximately due chris (days/weeks)?

PS - off to the Ashes - arrrrr! :cool:
 
Much bigger volumes than normal.....Announcement is surely due any day now. Have good results already been factored into the price?
 
No way. If its good results it confirms the historic drilling. They believe there could be 200 million tonnes of ore there at around 300-500 ppm just at the Goanikontes prospect alone. Thats would be a world class deposit. It will continue to move up IMO.

The results I'm interested in is the aircore drilling from the elpse channel. If they start mapping out uranium mineralisation there..then talks should commence with Paladin in regards to processing the ore at the Langer Heinrich mine.
 
Did anyone see and read the report on BMN in Saturday Fin Review? One of the stocks to watch in 2007? Perhaps thats the reason why it went up the way it did today. Its augurs well for the future lets hope.
 
Yeah I read the report. They are bullish on the outlook of Bannerman. What they said.

"One uranium stock that has caught analysts' eyes is Bannerman. Despite it having risen 2000 percent so far this year, Wendt says Bannerman is a great address play since it is situated adjacent to Paladin Resources and Rio Tinto in Namibia"

Nothing new in what he said.
 
chris1983 said:
No way. If its good results it confirms the historic drilling. They believe there could be 200 million tonnes of ore there at around 300-500 ppm just at the Goanikontes prospect alone. Thats would be a world class deposit. It will continue to move up IMO.

The results I'm interested in is the aircore drilling from the elpse channel. If they start mapping out uranium mineralisation there..then talks should commence with Paladin in regards to processing the ore at the Langer Heinrich mine.
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Is 300ppm economically viable?
 
nizar said:
Is 300ppm economically viable?
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Yes, nearby:
Valencia deposit 190ppm is doing a feasibility study, and consider it economically viable;
Rossing mining ore grade 180ppm to 420ppmm, they are live and kicking; and

Trekkopje deposit 110ppm to 120ppm want to do a feasibility study

The best is Langer Heinrich so far, and lower the cut-off grade a couple times already. I think now is 200ppm.

I believe EXT might top Langer Heinrich's ore grade.
 
empireMG said:
But the ass just droped out, we need the announcement soon!!!! :banghead:
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I think its all looking pretty good? They hit a high of what? 1.93? They are currently 1.87 and holding. Heavy volume and trading is going through. If the results are bad a lot of people will get burnt. Cant see it happening. Not unless the historic drilling is a fake.
 
when are the results due does anyone know. i am hoping that they arent falsified results as well. a lot of market hype on this but am hanging in there for the best.
 
its amazing...

i was more content when it was ranging between 1.40 and 1.60 than now when its flying...

these rising prices are stressing me out

go figure that one!!! :rolleyes:
 
simplesimon said:
when are the results due does anyone know. i am hoping that they arent falsified results as well. a lot of market hype on this but am hanging in there for the best.
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On the 8th of November Fat Prophets released a report on BMN. They disclosed when the results should be due.

"The company has acquired a down-hole gamma ray spectrometer that will log the drill holes, enabling it to immediately ascertain uranium values from the drilling. The results of the current drilling program should be available within the next month."

So it could be at anytime. Why would they be falsified? Anyway best of luck. This isnt luck from my point of view..but from the way how your hoping..hanging in for the best..you dont sound too confident. You should be :)
 
Rafa said:
its amazing...

i was more content when it was ranging between 1.40 and 1.60 than now when its flying...

these rising prices are stressing me out

go figure that one!!! :rolleyes:
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I agree Rafa. Its because..its getting to a point..where you start to think..wow its run hard...should I lock in more profits. I'm holding what I have left though.
 
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