IMO Dattel & co. has had assurance( & wink wink ) from the people behind the scenes that the bannerman PFS will not disappoint.....due for release to us lot 'the public' , within 4 weeks.
He (dattel) is taking a 'Pre- Open' position with off market & on market with millions of shares in bmn.
Its being noticed this time ( see tibbs post above) as it is the same M.O. as Extract resources 4 months ago.
The PFS will be the "Catalyst" that gets bmn really into the limelight.
The PFS will detail every aspect of how the proposed mine will operate . Once & for all this 'bulk tonnage lower grade 'description ( ala vayama)will finally be determined by the experts ...ie MINPROC & COFFEY Engineers.
A mine producing 5 to 7 mill..lbs P.A. at $45 a lb gross profit P.A.( $70 long term U308 less $25 a lb production costs).Somebody multiply up all this & get an idea of the profits involved ...my abacus is broken!
Very rough figures I know but its been thrown around like this in the scoping study & other company announcements for near on three years . So why change now!
Tibbs usually doesn't miss a trick....& he's not always right but never wrong!! hahahaha.... this time I feel he's spot on with his call on bmn being the next to be brought up to proper value by dattel .
Lets see now as I look into my crystal ball; ho ho ho ......I see in the mist another consolidation in the $1.30-50 zone for a few weeks then off again to the blue sky to whatever ...Hmmmmm. I'll need a bigger treasure chest Arghhhhh!
stephen dattels buys in to bannerman, page-39
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Last
$2.76 |
Change
-0.090(3.16%) |
Mkt cap ! $492.9M | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.80 | $2.70 | $1.903M | 692.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1281 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 3847 | 7 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |