BMN 5.50% $2.30 bannerman energy ltd

peer comparison

  1. 8,219 Posts.
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    Thought it was time for a new thread.

    I know this has been discussed time and time again but I was just reading through MEY's announcement today and found this table of theirs.

    Bannermans market cap is now $96Mil.

    Surely with the advanced state of Bannermans project and good grades they should be worth more cps?

    If only they can lower those op costs/CAPEX!

    What is it that makes Forsys so much cheaper lbs for lbs? Is it all in the strip ratio?

    BMN has more measure and indicated than Forsys, more tonnage overall, higher grades.

    Or is everyone else just overpriced still?

    Gee I wish we could get a cornerstone investor. Really suprised there isn't one yet.
    Perhaps they are waiting in the wings for the DFS to be released.
 
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