BMN 2.74% $3.20 bannerman energy ltd

lets get this straight, page-20

  1. 3,731 Posts.
    CaptainJohn,

    please don't get excited, man. I respect you a lot, at least we both appreciate sweet beautiful girl(s) from Thailand.

    As you know, I cannot talk down BMN's price, and just food for thoughts.

    I have read the scope study. But I have also read PDN's scope study back in Feb 19 2003, almost exactly 5 years ago. It gives me a great indicator how accurate the scope study is.

    PDN is a lucky one on the hindsight, with $14/lb spot price to begin with, and $75/lb at full production.

    Can BMN get lucky to have another 5 folds increase of uranium price form PFS to fully production?

    It take 5 (FIVE) years for PDN to get its much smaller mine from PFS to full production, ask yourself a question,

    Can BMN pull it off within 3 years, and 3 times as big mine?

    If you count on the steady and rising uranium price, make sure it would not be eaten up by inflation. The uranium price might be higher in US dollars term, check out everything else, how much higher you have to pay for them now, and in the near future.

    If you believe the uranium price can be sky rocketing, why not everything else? We have seen it, gold, copper, wheat, oil, fertilizer, labor, house....

    Get real. or believe the scope study, and believe miracle. It does happens sometimes. If so, I am happen for you, and I can also make a much smaller fortune.
 
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