BMN 1.57% $3.14 bannerman energy ltd

interesting trading today, page-18

  1. 919 Posts.
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    A red arrow in a sea of green today for BMN. Can anyone actually remember the last up day?

    It would be nice f BMN can clarify the situation with the mining license. Not so much as to when they think it will be granted but whether the fact they have to submit revised numbers by end of Q1 2012 has delayed the government's decision to grant a license. Its now coming up to 2 years since the application was lodged. From what I can remember, the last ML granted in Namibia was for the Valencia mine owned by Forsys. It took them 12 months to have the licence granted back in 2008/2009. They are still a few years away from commencing mining and still have not raised the funds to construct the mine.
 
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