Im just keeping the faith for the long termers. I just cant see how could the scoping study be bad. Water and electricity issues were addressed in the Australian uranium conference presentation. Mines such as Rossing has continually produced over the last 30 odd years in depressed uranium markets and depressed uranium prices. BMN has the luxury for the spot price still being above $100 a pound. I remember not long ago everyone was waiting for it to break the $100 barrier. If the uranium spot price sunk to $90 a pound it would still be extremely profitable. Come the end of the year if they report such a large economical resource BMN is going to be a major takeover target at cheap levels if the SP doesnt react accordingly.
BMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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