Thankyou Sleeping Wolf., Very well put !......& you got my uptick!
I too , have gone into "hibernation" during this study period!
Its like waiting for exam results.
I maintain my confidence that management now have the expertise to build a mine. How profitable will be determined in theory anyway by PFS/BFS.
Spot price seems to have bottomed so the only way is up & long term U at $65-70 will surely be profitable.Reports I've read indicate the Long term price must go up to 90-ish zone ...to allow explorers with confirmed resources to develop a mine .
However, its the strategic value of bannerman (producing 5-7 mill.pounds P.A. ) that is most important to India/china etc etc....
Rio will fight polo for Extract .....so that puts Bmn as an independant very much in demand for the future.
Personally, I hope EXT. SP goes up to even $15 coz that sets a precedent value for BMN..its little brother next door.
All exciting for the future for those prepared to wait.!!
The AGM venue will be announced next week & looking forward to long term investors coming along....but don't eat the snacks .....they're mine !!! burp !
cheers cj
my 2 cents, page-5
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$3.27 |
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-0.310(8.66%) |
Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.40 | $3.23 | $6.799M | 2.065M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24450 | $3.27 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 20000 | 1 |
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