While we watch the share price being played with contemplate the following:
We are listed number 9 of top 10 Global Uranium Projects based on BMN's latest presentation. Paladin is listed number 10. This list is based on current total resources available and doesn't show the ore grade per project which would give us a comparison of IGV per project. When time permits, I will attempt to fill in the blanks.
What strikes me most about this list is that besides Paladin and Extract we are the only one on this list which isn't controlled by one of the 4 largest uranium producers.Correct me if I'm wrong.
Extract will be unavailable soon which will leave only Bannerman and Paladin as independent from the big 4.
With PDN's current MC at nearly $2.9B and BMN's at 112M I believe BMN is way undervalued.
BMN Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
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