Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

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Results will be out very shortly......within a few days I believe (hopefully by Friday). Its always hard to say when to but when not to.......you need to figure this out on your own or with an adviser.
 
the barry said:
Does anyone think now is a good time to buy in or do they think that there might be further pull back in the share price? Any thoughts would be appreciated.

Thanks
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Hi...its up to you to work out if you think they could go further. I honestly believe they will otherwise I would of sold out. Potentially off a 23 km strike who knows what price they could go to. It could be something ridiculous..I think there are more huge gains to be made..its still only the beginning..but once again you need to assess this yourself. The last time results were released we saw the sp drop back from 2.15 to under 1.80 even though the results were good. They later pushed up over $3.

Im in this for a long termer. All the best with your decisions.
 
How freaken slow is it to get assays done these days? At this rate (1 core per month) our resource estimate will be ready by Dec 2100. :banghead: :banghead:

Looks like they are going to give Goanikontes 110% attention now and probably slow down activities in other areas. I think this is a bloody good move. Goanikontes is what will put money in the company's pockets first.
 
Interesting article today in the age saying that mcmahon has bought 7 percent of bannermans at 2.70. Interesting to note that fellow director of cazaly resources clive jones is also on the board at bannermans. A little inside information potentially??? Time to jump on board i think.
 
BMN - baby PDN
I believe there is plenty more upside than downside at 2.70
I'm buying more as soon as i see an upward trend for Long Term.
Still cheap when you look at it's resources and eveything it has going for it like location. Guys like Nathan McMahon buying in at these levels tells you
alot too..
 
yup caz guy is buddies with bmn guy. he loaded up at high prices too. another 7mil shares are now 'off the market' so to speak.

Now for those long awaited assays? :banghead:


ground is so good this stock is gonna have a premium anyway/regardless
 
Hit a low of 2.58 today but hasn't taken long to bounce back up. Some investors must be very impatient. They allready know two holes being GOA0010 and GOA0012 to come back with Assay results are going to be extremely good.
 
chris1983 said:
Hit a low of 2.58 today but hasn't taken long to bounce back up. Some investors must be very impatient. They allready know two holes being GOA0010 and GOA0012 to come back with Assay results are going to be extremely good.
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I missed the chance to buy some more.....I'm too bloody slow. Come on sellers I know you are out there.....
 
LifeisShort said:
I missed the chance to buy some more.....I'm too bloody slow. Come on sellers I know you are out there.....
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I just got into work and checked the low for the day. Was a bit surprised. Not many shares sold at 2.58. Only 3600 shares.
 
Chris,
Have you read this report which I posted early?

http://www.mme.gov.na/gsn/pdf/uranium.pdf

Page 20-25 are talking about Goanikontes and the anomaly 1-14 on the north size of the river. It shows how wide it is for the outcropoing alaskite granite at Goanikontes. It also has some drilling info on the Anomaly 11, looking very good.

I cannot find anything related to ERN's properties. Maybe with your young and sharp eye, you can spot on something.
 
hi mmming

do a search on that pdf "erongo"

theres limited info available on erongo. but the fact it is in that booklet means it must have uranium in it
 
Hey mmmining..ive seen that article before when I searched google for information on goanikontes and other areas etc. Halba is spot on..It is definately mentioned but not much info is in there. I think we need to be patient with ERN. I think investors also need to be patient with BMN because they may be cutting themselves short by selling out. I have nothing to lose now and only more to gain..but I would advise those who bought in the high $2 range to assess the potential and realize there will be some good results announced soon. The spectrometer readings dont lie. You also pointed out the width of the outcropping alaskite granite. It does look very good..which is why I havnt sold the rest of my holding and grabbed more profits. The holding I have left is now in for the long haul.
 
I am in agreeance with chris, i have taken a 12 month view with this stock. Mcmahon Knows more about what bannerman has in store than anyone else outside the company and he has bought a 7 percent holding of the company at 2.70. I doubled my holding the day that was announced. Whilst there might be some short term downside, come 12 months there will be some seriously happy people.
 
yup why would he load up millions unless he had strong info

also bmn has held up extremely well in yesterdays blood bath
 
Yep impatience.....word from management is that there was a stuff up at the analysis lab....hence the delay in results coming out. They are due shortly nonetheless. Next week is my prediction
 
LifeisShort said:
Yep impatience.....word from management is that there was a stuff up at the analysis lab....hence the delay in results coming out. They are due shortly nonetheless. Next week is my prediction
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Thanks for the update LIS.
 
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