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3.77% $2.48 bannerman energy ltd

Just to clarify the capex costs (from a company presentation 2...

  1. Chuckyball
    166 Posts.
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    25/05/24
    10:40
    Post #: 74004807
    Just to clarify the capex costs (from a company presentation 2 months ago)

    Capex for the initial 3.5mil pounds per annum mine is US$317mil.

    Extension capex if they want to use the XP model is a further US$325mil.

    So not 1bil as mentioned above, unless using aussie dollars.

    So a money maker for investors at a minimum capex of US$317mil. I am also suspecting that dilution will be minimal as debt financing will not be a real problem.
    BMN Price at posting: $4.40 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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