BMN 1.27% $3.12 bannerman energy ltd

re: Ann: Bannerman Expands Etango Project Min... Lets just do a...

  1. 222 Posts.
    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
 
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