Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

Jump to new
welcome on board kennas...
good to see chris has finally talked some sense in ya... :D :D :D
i bought some more at 1.80.... (after procrastinating for ages at 1.40ish..)

Funnily enough, my other darling... MTN has actually outperformered BMN in the last few months....!
 
Rafa said:
Funnily enough, my other darling... MTN has actually outperformered BMN in the last few months....!
Click to expand...

Wow..just looked at MTN. Nice. My other uranium hopeful ERN is dragging atm. Hopefully it comes good. I think Kennas made a good move..who am I to say he made the right move though. I have a friend and I have been saying Bannerman seem really good pre share split at $1. He keeps wondering if he should buy them..and every time they go up he regrets it. Just the other day he asked me if he should get them at 1.90. Yet he still hasnt got them..even when they pulled back to under 1.80..I ask him if he got some and he say's no with a smile on his face..as if they are going to head down with the recent pull back. I wonder what he's thinking now.

I really dont think this one will head down..the longer things go on..the more its going to push up. The resource is there. the aim of the game is to make money..Bannerman has been kind to us. Lets hope things continue. I know you all think just like myself that the uptrend will continue for some time yet.
 
Going nicely. It was up 17 cents yesterday or 9.39% from a measly volume of 450,905. It just shows that its not easy to get these. Most investors are holding onto their stock.
 
I'm not selling until they reach market cap of $4 billion like Paladin. Don't want to miss out. Chances are it will never reach that but I like to dream. I'm looking forward to 2007 with more drilling and perhaps a JORC resource of some substance. That should get the vultures circling like Paladin and Rio....
 
LifeisShort said:
I'm not selling until they reach market cap of $4 billion like Paladin. Don't want to miss out. Chances are it will never reach that but I like to dream. I'm looking forward to 2007 with more drilling and perhaps a JORC resource of some substance. That should get the vultures circling like Paladin and Rio....
Click to expand...

LIS..chances are very likely IMO. After all the hard research..dont you think they could sure up a resource larger than Paladins? Dont just think Paladin will be the only uranium success in the ASX.
 
chris1983 said:
LIS..chances are very likely IMO. After all the hard research..dont you think they could sure up a resource larger than Paladins? Dont just think Paladin will be the only uranium success in the ASX.
Click to expand...

I think that other companies won't let Bannerman get too big before they pick it off. There are a lot of aggressive Canadian uranium miners who might one day pick it off, its already happening with other juniors who don't seem to have the same potential as BMN. I think the next trigger will be JORC estimates after the drilling is complete. Promising uranium resource companies who are in a mining friendly environment are hard to find hence BMN doing so well.
 
kennas said:
I've decided to buy a few, even though it could be toppy, I've been thinking it was for the past 6 months.....

That bounce off $1.75 was encouraging, and shouldn't see much downside from $1.50, if it's ever back there during a correction. Maybe. Still needs continued good results to be coming through.....
Click to expand...

Good timing Kennas.
 
kennas

at what price did u get some?

if u dont mind, its not that im jealous or anything just wanna wee insight into your trading methodology,

cya

happy new year for all
 
BMN is in namibia. unlike the other australian hopefuls which have no chance of getting to proddy quick, bmn will be able to. From JORC to mine it is 2 yrs. so 2009/10 is a realistic stretch target

Disclosure: topped up again today
 
Halba said:
BMN is in namibia. unlike the other australian hopefuls which have no chance of getting to proddy quick, bmn will be able to. From JORC to mine it is 2 yrs. so 2009/10 is a realistic stretch target

Disclosure: topped up again today
Click to expand...

Good work Halba. Results will be after the new year. I think it will be a good present to us all. In all honesty..I think Bannerman will be huge in 2007. I'm not saying that because I'm holding..but if any of you can point out another uranium explorer hitting uranium at 300m+ depth please pm me and let me know.
 
Bannerman was in the Sunday Times under the Business "Hot Stocks" section

Ian Parker from Hartleys has put a speculative buy on the stock. They will all start to follow soon enough. Even tough it had an amazing run in 2006 they think its going to keep on running. So do I :)
 
toc_bat said:
kennas

at what price did u get some?

if u dont mind, its not that im jealous or anything just wanna wee insight into your trading methodology,

cya

happy new year for all
Click to expand...
Bought in at $1.90. As far as reason for the buy I had a pretty good look through their website and read all the reports on them by brokers and their past few anns and thought there was some upside to go. Chart wise I liked that it had bouced off $1.75 pretty smartly and looked like it had some momentum. I like where their key tennaments are and think this could work into being a miner in the next few years, not just explorer. (obviously there's some work to do in getting anything up and running, like a confirmed resource!) I like just about anything uranium at the moment and see some more consolidation on the horizon. I'd be surprised if many of these juniors with great assets will be left standing in the next 2 years. I highly recommend you visit their website and have a read on them before making your own decision.

www.bannermanresources.com.au
 
U gotta love how smoothly the Bannerman train rolls!

Just watching it on the eSignal tick charts compared to some of the other whipsawing U plays right now - its tranquility compared to some of the action this morning!
 
Top