BMN 3.77% $2.48 bannerman energy ltd

Ann: Analyst Coverage , page-9

  1. 1,883 Posts.
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    Mining licence application is lodged awaiting approval. Already got environmental approvals and DFS lodged with Ministry of Mines.

    Don't know why the mining licence is taking this long. Namibian Govt is pro uranium mining. Should all be straight forward.

    Cash position is getting to a critical stage. We need this JV partner now. If we run out of cash it means a cap raising at very depressed prices.

    Instead of management spruiking about the great leverage to an upward uranium price more critical issues need to be taken care of now.

    A market update from management is well overdue ! ! !
 
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