Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

Bannerman's is definitely going to get looked at in the near future, paladin taking over summit at a 30 percent premium is conformation of this. There are so many uranium stocks with world class resources and bannermans has to be right up there in the queue.
 
Halba said:
Also BMN can be developed 3-4 yrs earlier than SMM.
SMM are claiming they can start producing in 2011. So that means BMN can start mining.........in April. :confused:
 
Almost 400k volume within the first hour and a quarter of trading. Any moves up today are with a lot more confidence. Nice to see some larger turnover come back into BMN from the last few very quiet days.
 
to kennas. SMM will take until 2012 to develop (read the comment by borchoff).

BMN can be in production potentially as soon as late 2009. thats 3 yrs difference


Also as SMM disappears from the bourse what other mid cap u stocks are there with quality deposit??
 
Halba said:
to kennas. SMM will take until 2012 to develop (read the comment by borchoff).

BMN can be in production potentially as soon as late 2009. thats 3 yrs difference


Also as SMM disappears from the bourse what other mid cap u stocks are there with quality deposit??


Yes good questions Halba,......I read that from exploration to production is normally 5 years......how come you reckon bannerman can do it in 3 years.....don't get me wrong coz I hope you're right but like to hear what you think!
captjohn
 
Uramin BFS completed a week ago, anticipating 4mil production pounds next yr.

That is very short lead time.
 
As I predicted yesterday fellahs.....SP crossing MACD....volume up.....& pushing up the bollinger band.....really great to see action again....whew ....grin grin !!
captjohn
 
STOP PRESS !!

Great news fellahs!!......just been advised bannerman has been re-rated/upgraded valuation target to ......wait for it...
$4.50...... ..the big volume is coming from traders at carmichael......& please note Halba without a drilling announcement from bannerman !!

captjohn
 
Whether it's PDN/SMM related or not, looks to be breaking up from consolidation. Maybe too early to tell. Wait for end of day confirmation perhaps.
 

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the barry said:
Bannerman's is definitely going to get looked at in the near future, paladin taking over summit at a 30 percent premium is conformation of this. There are so many uranium stocks with world class resources and bannermans has to be right up there in the queue.

Does anyone know how many shares the Bannerman directors own? I'm hoping its like Marathon where they will have some control if a takeover offer comes in.
 
philmac said:
Does anyone know how many shares the Bannerman directors own? I'm hoping its like Marathon where they will have some control if a takeover offer comes in.
5 top shareholders hold about 30% & top 20 ...48%...It's all in the latest carmichael update out today.....if you want a copy...let me know. captjohn
 
captjohn said:
5 top shareholders hold about 30% & top 20 ...48%...It's all in the latest carmichael update out today.....if you want a copy...let me know. captjohn
captjohn..is there a link for this report. thanks
 
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