BMN 6.10% $3.23 bannerman energy ltd

big ugly trades on tsx, page-16

  1. 12,455 Posts.
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    Could be Rager

    But regardless of how BMN is "viwed" by the retail investors ... reality is that their views dont count!

    In the end it comes down to how the industry professionals, off-take partners, and potential predators view BMN & Etango.

    Regardless of how good EXT is, or how much uranium they end up with, or how high their grades are ... in the end it comes down to BMN itself being too cheap. At $1.88 EV ... 160mlb resource and growing, advanced status, and assuming the PFS says: "ECONOMICAL TO MINE" ... then BMN will get re-rated significantly. It wont come from the fickle traders & retail holders, it will come from the big end of town.

    We await the verdict of the PFS
 
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