"Peter brings an important dimension to the company as we move from exploration through the development stages of a world class uranium mine"
Great announcement today. PB has done absolutely everything right - great forward thinking to hire someone with such qualifications.. he is taking no chances. Every new announcement slowly derisks the project to the stage where we can completely remove the 'speccy' status from Bannerman.
Sure sentiment is down atm... but is opening us up to nothing but more buying oppertunities. I will be looking to buy if she drops further. Things to drive the sp in the short term:
- A revised statement by Coffey Mining increasing grade and u308 (could happen anytime)
- Strengthening of Spot price - general bounce in u sector. ( we are due for one - long term fundamentals remain intact!)
- Funding for BFS/ announcement and commencement of BFS
- Settling of Savanna issue( I will be very surprised if Savanna have a case at all)
- Roadshow
Also I wouldnt be surprised to see some more director interest at these prices. I know how confident management are in this project and I doubt they would pass up on such bargain basement prices.
chief operating officer appointed, page-25
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Last
$2.30 |
Change
0.120(5.50%) |
Mkt cap ! $410.7M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.31 | $2.17 | $2.017M | 892.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 19901 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |