Can anyone confirm if BMN have secured water for their plant? I understand that there is a MOU with Nam Water but nothing officially secured.
The target commissioning date is late 2010, with full production anticipated by mid-2011 but without water supply confirmed, surely they do not intend to construct a facility on hope??
I do not hold BMN and do like the potential of the company but concerned about their ambitious target dates and the false short term hopes they imply.
Recently returned from Namibia and witnessed the remoteness of the region first hand. BMN appear to have a long way to go but hope I am wrong for the shareholders sake.
have bmn got water
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