Here's some pure speculation for you.... I'm wondering if the...

Here's some pure speculation for you.... I'm wondering if the French company Orano COULD take an interest in BMN.
Why do I think that?

Well the first part was seeing this -

"As previously advised, Bannerman has appointed Azure Capital and Vermilion Partners (both global
affiliates of French financial services institution Natixis) to advise on and assist with the execution of the optimal funding mix for Etango."

Natixis has had business dealings with Orano in the past. (as a trustee) so they are known to each other.

https://cdn.orano.group/orano/docs/default-source/orano-doc/finance/publications-financieres-et-reglementees/2022/orano_december31-2022_consolidated-financial-statements.pdf?sfvrsn=a5a042dd_10

It got me into looking a the former French company Areva which is now owned by Orano.

Did you know that Orano is the second largest uranium producer in the world with 9% share in global uranium production.?

When Orano took over Areva, they gained the Trekkopje mine in Namibia. Trekkopje (if I read correctly) has been mothballed and has lower grades than Etango. It's also further away from Swakopmund..... which is also home to a desalinisation plant that Orana now owns at Wlotzkasbaken.
Very handy.

The French need to shore up more Uranium supplies since Niger is going pear shaped.

https://www.dw.com/en/are-nigers-uranium-supplies-to-france-under-scrutiny/a-66711717

https://www.nucnet.org/news/companies-in-talks-over-european-facility-in-bid-to-bypass-russia-3-5-2024

With the FEED just about done, we must be getting closer to the pointy end. Production/financing or a takeover. Bannerman MUST be one of the most advanced, well defined uranium projects.
Could it be the French? China?
Who knows......but someone must be running the ruler over us.

DYOR - this is just a possibility imo. It fits.