"With BMN now trading at a huge discount to it's peers with an EV/lb of $.88/lb (industry average =$2.50/lb) and set to bring in net profits in the neighbourhood of $100M/annum starting in 2013, BMN's valuation seems compelling, if not ridiculous."
Yoyoma im a follower of BMN and know most of the factsand figures, dont agree on the 2013 starting date though.
Didnt receive a mining licence,put out a BFS or raise funds for the mine as yet so i think 2013 is a biiiiig stretch.
As we all know the SP is moving higher for 2 reasons.
Sentiment in the U sector changing as U price breaks technical barriers and BMN's sheer resource size and undervalued to its peers finally catching on.
As for BMN setting up a mine if they pull it off 2015 is the earliest i see it happening but i believe they will never mine it as someone will realise the strategic resource is undervalued and in a great location and snap it up cheap.
For now its breaking $1 thats the big psychological barrier.
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who said $1 by end of january?, page-5
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Last
$2.28 |
Change
0.100(4.59%) |
Mkt cap ! $405.4M |
Open | High | Low | Value | Volume |
$2.18 | $2.30 | $2.17 | $1.163M | 520.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 627 | $2.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.29 | 9651 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5433 | 2.280 |
7 | 6499 | 2.270 |
5 | 10608 | 2.260 |
6 | 29535 | 2.250 |
2 | 1630 | 2.240 |
Price($) | Vol. | No. |
---|---|---|
2.290 | 1102 | 4 |
2.300 | 8181 | 12 |
2.310 | 7935 | 5 |
2.320 | 2261 | 2 |
2.330 | 2000 | 1 |
Last trade - 14.21pm 30/08/2024 (20 minute delay) ? |
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