BMN 4.59% $2.28 bannerman energy ltd

who said $1 by end of january?, page-5

  1. 6,182 Posts.
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    "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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$2.28
Change
0.100(4.59%)
Mkt cap ! $405.4M
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$2.18 $2.30 $2.17 $1.163M 520.6K

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No. Vol. Price($)
2 627 $2.28
 

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Price($) Vol. No.
$2.29 9651 13
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