Although no announcement has been made concerning a tour for UK investors in Namibia, there are rumours that one has gone ahead. There is also talk on other forums that the tour finished today and the increased SP was due to the investors bying in. Just rumours and speculation though from what I've read so far.
BMN - Bannerman Energy
- Thread starter chris1983
- Start date
Hey Matt. I found those forum posts about the UK investors.
"Post #1244703 - start of thread
ASX Code BMN - BANNERMAN RESOURCES LIMITED
Have a look at the successful history of the new BMN Chairman; A.Clayton.
Previous company price appreciation of over 600% at his previous company with him at the helm.
All Directors and A. Clayton in Namibia from Sunday night with UK Institutions and also local Brokers.
Drilling starting maybe this week; next week at the latest."
Below is details on A.Clayton taken from Bannermans website
"Non Executive Chairman
Alastair Clayton
Mr Clayton is a qualified geologist with a post graduate diploma in Finance and Economics from the Securities Institute of Australia. Alastair has over 10 years experience in the mining and resources sector and has worked in Australia, Africa, Asia and Europe in both a technical and corporate capacity. Now residing in the UK, Alastair is the principal of Synthesis Capital Resources, a London Resources Advisory business. Alastair is an executive director of South China Resources PLC, an AIM listed company with base metals projects in China. Alastair brings a wealth of financial and corporate expertise to the Company with particular access to European markets."
Pretty interesting..hes an executive director of South China Resources PLC. Now this company has base metals projects in China. He is also linked with Synthessis Capital Resources..an Advisory business in the UK! This guy sounds like he has ties everywhere. The ties with China is very very interesting. Thats the bit that captured my eye.
"Post #1244703 - start of thread
ASX Code BMN - BANNERMAN RESOURCES LIMITED
Have a look at the successful history of the new BMN Chairman; A.Clayton.
Previous company price appreciation of over 600% at his previous company with him at the helm.
All Directors and A. Clayton in Namibia from Sunday night with UK Institutions and also local Brokers.
Drilling starting maybe this week; next week at the latest."
Below is details on A.Clayton taken from Bannermans website
"Non Executive Chairman
Alastair Clayton
Mr Clayton is a qualified geologist with a post graduate diploma in Finance and Economics from the Securities Institute of Australia. Alastair has over 10 years experience in the mining and resources sector and has worked in Australia, Africa, Asia and Europe in both a technical and corporate capacity. Now residing in the UK, Alastair is the principal of Synthesis Capital Resources, a London Resources Advisory business. Alastair is an executive director of South China Resources PLC, an AIM listed company with base metals projects in China. Alastair brings a wealth of financial and corporate expertise to the Company with particular access to European markets."
Pretty interesting..hes an executive director of South China Resources PLC. Now this company has base metals projects in China. He is also linked with Synthessis Capital Resources..an Advisory business in the UK! This guy sounds like he has ties everywhere. The ties with China is very very interesting. Thats the bit that captured my eye.
Down atm. Should be interesting to see if they hold above 1.00
They did hit 1.10. No news. News is anticipated to come out. Atleast in regards to the commencement of drilling. That might be for next week. Some people wont hold out for that though.
They did hit 1.10. No news. News is anticipated to come out. Atleast in regards to the commencement of drilling. That might be for next week. Some people wont hold out for that though.
I've just had a look at it again and the sellers have dried up. Already had some good volume. I don't think it'll go below $1.05 again today with that buying support building. There's a possible finish of $1.20 or higher if these sellers keep holding back and the buyers keep chasing.
Sean K
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Congrats on this one Chris. Must be tempting to start taking some out. Great pick.
Thanks mate. It is very tempting but Ive decided to hang on for now. I feel that its still early days for this stock. I just think it has the potential to go a lot further. Depending on how big their resource at Goanikontes is and whether they identify uranium within their elspe channel is going to be very important.
I just feel if Paladin are able to have a market cap greater than 2 Billion dollars with their main deposit being Langer Heinrich BMN have huge potential to repeat what they have done. But They have a lot less shares on issue so its exciting. I'm probably getting ahead of myself but the way I'm looking at their grounds in Namibia is that they have two very large deposits there.
I just feel if Paladin are able to have a market cap greater than 2 Billion dollars with their main deposit being Langer Heinrich BMN have huge potential to repeat what they have done. But They have a lot less shares on issue so its exciting. I'm probably getting ahead of myself but the way I'm looking at their grounds in Namibia is that they have two very large deposits there.
Well they havnt really held firm. Pulled back sharply after trading almost 2 million shares in the high 120's bracket. I think a few investors are reacting to no news being released. Im also awaiting news. Doesnt bother me though..I'm in for longer term. Its a chance for some investors who believe in their potential to jump in on the retracement.
Well some people are selling out because there has been a delay with the news on drilling. Great buying opportunity at these prices. Nothing has changed with their tenements. We all know they have uranium at Goanikontes. Historic drilling.
I don't know why you would sell when they have prime real estate next to Paladin and the Rossing mine.
I don't know why you would sell when they have prime real estate next to Paladin and the Rossing mine.
Guys the latest research report by Carmichael is below if you want to have a look.
http://www.bannermanresources.com.au/docs/BMN26Sep2006.pdf
They had all the brokers over there. Nice little photo of it on the Carmichael research report. Look at Alastair Claytons profile. He is the principal of Synthesis Capital Resources, a London Resources Advisory business. Also has ties with China.
"Non Executive Chairman
Alastair Clayton
Mr Clayton is a qualified geologist with a post graduate diploma in Finance and Economics from the Securities Institute of Australia. Alastair has over 10 years experience in the mining and resources sector and has worked in Australia, Africa, Asia and Europe in both a technical and corporate capacity.
Now residing in the UK, Alastair is the principal of Synthesis Capital Resources, a London Resources Advisory business. Alastair is an executive director of South China Resources PLC, an AIM listed company with base metals projects in China. Alastair brings a wealth of financial and corporate expertise to the Company with particular access to European markets."
Bannerman is in such an enviable position. They will raise funds at 90 cents to a dollar to sophisticated investors? If they bought 20 million shares onto the market they would have $20 million. They would still have a very low share holding with money to keep their drilling campaign going for ages. Look at the history of Paladin. They had to raise money early at cheaper prices. Wont happen with Bannerman.
http://www.bannermanresources.com.au/docs/BMN26Sep2006.pdf
They had all the brokers over there. Nice little photo of it on the Carmichael research report. Look at Alastair Claytons profile. He is the principal of Synthesis Capital Resources, a London Resources Advisory business. Also has ties with China.
"Non Executive Chairman
Alastair Clayton
Mr Clayton is a qualified geologist with a post graduate diploma in Finance and Economics from the Securities Institute of Australia. Alastair has over 10 years experience in the mining and resources sector and has worked in Australia, Africa, Asia and Europe in both a technical and corporate capacity.
Now residing in the UK, Alastair is the principal of Synthesis Capital Resources, a London Resources Advisory business. Alastair is an executive director of South China Resources PLC, an AIM listed company with base metals projects in China. Alastair brings a wealth of financial and corporate expertise to the Company with particular access to European markets."
Bannerman is in such an enviable position. They will raise funds at 90 cents to a dollar to sophisticated investors? If they bought 20 million shares onto the market they would have $20 million. They would still have a very low share holding with money to keep their drilling campaign going for ages. Look at the history of Paladin. They had to raise money early at cheaper prices. Wont happen with Bannerman.
ALFguy
Trading gives me a headache
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Softened up now and looking good to either get in or top up at $1.
What to do...what to do
What to do...what to do
Sean K
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It's tripped in 3 months....concerning.
Touching bottom of B Band....just about oversold.....
If I was in at $0.30, I would have taken profits at $0.60, $0.90 and $1.20....
Hard one to pick now......could do anything...
That's my sage advice.
Touching bottom of B Band....just about oversold.....
If I was in at $0.30, I would have taken profits at $0.60, $0.90 and $1.20....
Hard one to pick now......could do anything...
That's my sage advice.
Its a great buy atm. They could raise money at a lower price. Sophisticated investors always get it at a discount though. I think its a good thing if they raise money soon. Im guessing its allready on the cards since they had the brokers over there some time ago.