BMN bannerman energy ltd

long term prices on the rise, page-3

  1. 1,381 Posts.
    Nice one yoyama! That confirms what I have been saying for a while now - we should expect the long term price to maintain approximately $20usd/lb premium over the spot. It may lag a little (as we've seen up till now) but the fact remains that there is a strong relationship between the two.

    At $80/lb bmn is a very very economically viable operation. Look at the old sensitivity analysis in the Pfs. You will find our NPV goes up dramatically with such a large jump in LT pricing.
 
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Last
$3.01
Change
-0.005(0.17%)
Mkt cap ! $613.1M
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