BMN 4.90% $3.30 bannerman energy ltd

cigar lake further delays great for u price, page-11

  1. 18,601 Posts.
    lightbulb Created with Sketch. 4
    perhaps we can hope for production closer to 2010 or 2011 but the supply deficit in the meantime will fuel the spot price and could see a stronger price in 2012 than would otherwise be the case.

    Plus a strong spot price in the lead up to production will make the already strong economics look a whole lot better, will fuel the share price (meaning any future capital raisings will be less dilutionary), get the Canucks buying with their ears pinned back and mean financing for the capital works should be a lot easier.

    Have I missed anything?
 
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