Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

Jump to new
There is no reason to sell these now. They will build up a resource..and the price of uranium isnt going to slow down. We will let the initial profit takers flow out and let the new blood come in.
 
Certainly the results look good..

Ok, i just had to look at this chart again...
the last rise is infact not untoward at all...
its just following a repeatable pattern

i am feeling a lot more comfortable now...
(sorry for the poor quality)
 

Attachments

  • BMN.JPG
    BMN.JPG
    32 KB · Views: 62
powerkoala said:
well...
looks like market thinks the south way
Click to expand...

Hey power. This is a chance for you to actually get in. Guys with large holdings are flogging them because they have got their profits and have the volume to flog them.

The results are excellent and they have uranium at good depths. This is a longterm hold now and it has been confirmed through these results.
 
Hey Kennes,

If you delete my posts by referring that a stock is going to follow in the foot steps of another such as Paladin..I expect you to be sharp on posters such as Jemma etc.

Maybe you should of followed my advice from the start of the thread.
 
Is there any concern that these results are just with the spectrometer and not essay? Also, while some intervals are quite large the eppms are mostly 200-350 eppm. Not really that 'historic' to me, but of course maybe economical depending on the overall size of the deposit, and distance from surface..Food for thought. Any other opinions/ideas?
 
well, i am a relative novice of reading charts, but from what i've posted above, this share could quite possibly fall back to the 1.80 mark in the next few weeks...

in terms of buying urgently, technically, the trend is still up, but i don't think there is any compelling reason to buy just yet.... i.e. it hasn't broken out of the trend lines.

fundametally tho, the announcement certainly provides a good indication of long term gain...
 
chris1983 said:
Hey Kennes,

If you delete my posts by referring that a stock is going to follow in the foot steps of another such as Paladin..I expect you to be sharp on posters such as Jemma etc.

Maybe you should of followed my advice from the start of the thread.
Click to expand...
I wish I had have Chris. It's been a great pick. I hope it keeps going up for you. Good luck.
 
The spectrometer readings look conservative when compared to Assay on the first hole which gives encouragement. The great thing is the at depth of 337m!!!! there are still spectrometer readings of 643 eppm. Great results as far as I'm concerned as it confirms depth extension and thats what ultimately this was about. If the next round of drilling is as successful as this then hello big boy.
 
LifeisShort said:
The spectrometer readings look conservative when compared to Assay on the first hole which gives encouragement. The great thing is the at depth of 337m!!!! there are still spectrometer readings of 643 eppm. Great results as far as I'm concerned as it confirms depth extension and thats what ultimately this was about. If the next round of drilling is as successful as this then hello big boy.
Click to expand...
Depth is good, but will that mean more expense to get it out? Are they looking at open pit for this?

Estimated grades are similar to Rossing which is good.

Overall it looks really good. The sp going down is the usual buy the rumour sell the fact stuff IMO. Might be a good buying opp.

Still have a while to wait for a JORC. Sounds like late next year.
 
"The Rossing mine produces at a grade between 300 and 400 ppm"

Based on the drill results I am very happy with the state of Bannnerman, and am holding now till the next aggressive drill targeting in mid-Jan.

edit - this is a superb time to get in (looks like an easy 10% available here) just by buying into this profit taking action.
 
Rafa said:
However, if your just after share price target, well, thats anyones guess...
the annoucement can be great and the share price could half...

the market will price the share however the hell it wants too.
Click to expand...

toc_bat...
i hope now you realise why i said what i said...
 
Top