BMN 5.50% $2.30 bannerman energy ltd

re: Ann: Bannerman Expands Etango Project Min... 160 mill lbs...

  1. 252 Posts.
    re: Ann: Bannerman Expands Etango Project Min... 160 mill lbs all-up (+ whatever else is to come) and a MC of $ 240 mill is madness ie. $1.50 per lb in-the-ground. The market must have some lingering doubt re the economic viability of getting the stuff out and into a reactor ... I see no other explanation. If the stuff is economic to extract the SP will surely go ballistic once that point is proved ... imho
 
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