BMN 3.15% $2.95 bannerman energy ltd

capital raising at 22.5c, page-25

  1. 923 Posts.
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    The management of BMN is bit like faulty towers. 'Dont mentioned the mining license' They avoid talking about the mining licence in their infrequent announcements but they continuously remind us of how they are in discussions with potential conerstome investors. These discussions seem to have gone on forever. When BMN finally do get a bid, it ends up being a dodgy bid with ASIC investigating insider trading which actually drives the price down.

    Fukishima
    Opes Prime
    Savanna Tennement dispute
    Dodgy takeover bid
    ASIC insider trading investigation
    High operating costs
    Delayed feasability studies
    Still no mining license 2 years after submission
    Capital raising at 22.5c
    No exciting drilling results.

    For goodness sake give us some good news for once!!!
 
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