BMN 7.87% $3.29 bannerman energy ltd

Ann: Acquisition of Strategic Stake in Namibia Critical Metals, page-8

  1. 238 Posts.
    lightbulb Created with Sketch. 76
    Don't know about the project and the synergies but 'Significant discount' it says and that part is very true

    NMI mkt cap = CAD39.327mil
    = AUD43.833mil
    - we get 41.8%
    = AUD18.322mil

    We're paying 7.24mil plus 1.69mil (8,463,367 BMN@ 20c)
    = 8.93mil

    half price !
 
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