the facts and where to?, page-12

richrichie

your comments are good, I am also a shareholder expecting $6 per share but the reality the management need to consider:

1)bmn raised $15 million at $0.5 per share a few months ago, if it wants to get $1000 million to get the project up and running how much $? per share could get from new investors?

2)Hamza Habib from Patersons Securities issued a SELL RECOMMENDATIONS as the following:
"Bannerman Resources (BMN)
A uranium explorer in Namibia and Botswana. China�s Sichuan Hanlong Group has offered 61.2 cents a share under a scheme of arrangement to acquire Bannerman. The offer seems well above fair value. The bid is highly conditional and could take some time if it happens. It�s either getting more return if the deal goes through, or selling now on market for less, but still at a premium prior to the offer. I prefer the latter option. Bannerman was trading at 42.5 cents on July 21."

http://www.thebull.com.au/articles/a/21403-18-share-tips---25-july-2011.html