re: Ann: Bannerman Expands Etango Project Min... Lets just do a comparison with Forsys Metals( Valencia Deposit), of measured and indicated reserves:
Forsys 175mt, 61 mlbs, 153 ppm grade, Market Cap in Candian $387million (A$425million)
Bannerman 235mt,107mlbs, 208 ppm grade, MarketCap A$252 million
So bannerman has 75 % greater lbs U308, and grade is way superior, and market cap is about HALF ????
A fair valuation comparison should put BMN well above $3 per share
Ann: Bannerman Expands Etango Project Mineral Res, page-8
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$3.27 |
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Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.40 | $3.23 | $6.799M | 2.065M |
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| No. | Vol. | Price($) |
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| 2 | 24450 | $3.27 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 20000 | 1 |
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