BMN bannerman energy ltd
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  1. Tibbs
    12,498 Posts.
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    20/04/09
    11:36
    Post #: 5029566
    Bibbin

    Stephen Dattels & James Mellon sold Trekkopje to Areva for US$2.5bn in 2007 ... back then they had 110mlbs mearured & indicated, plus another 4mlbs inferred, for around 150mlbs all up at 150ppm.

    Then George Forrest bought Valencia with a uranium resource of around 42Mlb @ 110ppm for C$579m.

    As of today BMN has a MC sitting around US$120m

    cheers
    BMN Price at posting: 94.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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