BMN 8.66% $3.27 bannerman energy ltd

up up & away today, page-3

  1. 42,070 Posts.
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    Mufcreds prediction of a contrarion move by BMN seems to be holding. Nice to see some early momentum continuation as the U sector seems to be coming back in favor. The spot price is confirming this trend.

    I notice their cash burn rate is somewhat high from the announcement. Is it the BFS that is absorbing the cash resource?

    All good and lets hope it keep trend up.

 
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