BMN 1.57% $3.14 bannerman energy ltd

another paladin, page-50

  1. 83 Posts.
    Has anyone actually tried valuing the resource of 3,424t (7,547M lbs) they have with a cut of 300ppm? (since we've now established that a cut of 300ppm is more appropriate?)

    In the updated DJ report in the peer comparison table they give an average MCAP/resource lb as $13.28, with the highest being $28.96.

    $13.28 gives a total value for the resource as around $100mil, while $28.96 gives $220mil. Not bad considering this probably only a small portion of the total resource, with more exploration to go.
 
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