BMN is a very high quality stock and these companies IMO like Cameco, Areva, Mitsu, etc, are interested in buying up all the uranium they can for the long term future and controlling supply.
Come April 2009, BMN will hopefully have found significant inferred (non-JORC) tonnage of up to at least 300M lbs and at $8 per lb, will be worth $16 a share.
If Ombuga and the other shape up the same or better than AA then that is possible.
300M lbs of uranium = 2 lbs per share.
engines flaming, page-4
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Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.03 | $2.94 | $1.499M | 505.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 5480 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |