PDN is now 80c (12x multiplier of BMN), and theyre mining. PDN...

PDN is now 80c (12x multiplier of BMN), and theyre mining. PDN may not be a 10 bagger, but they could easily be a 5 bagger if uranium comes back with a lot less risk of going under altogether.

Apparently the U price has dropped to about $40.25 so I dont think any amount of management would solve their problems at the moment.

That said... when I first looked at BMN they were supposed to be mining by now, and they still dont have a license as you say. They also still dont have any form of JV partner.

When I was still bothering to speak to mgmt, they didnt want to get in bed with anyone early. Looks ilke that has come back to bite them well and truly.

What still confuses me is why they have so many execs. Len should have shed every single unescessary position a long time ago so they could at least ride out the storm for a few years. Doing a cap raising now to pay for exec salaries would look fairly depressing for any remaining holders.