BMN 1.27% $3.12 bannerman energy ltd

BMN has been bashed from pillar to post the last few months and...

  1. 418 Posts.
    BMN has been bashed from pillar to post the last few months and seems to have found a solid base now. Between OPES Prime, a disappointing interim JORC and the big fall in spot U prices its taken a beating.

    Short term I think we could see it head back to the $2 mark pretty quickly. Longer term, we have a revised full JORC due at the end of the Qtr, BFS commencement, drilling of new prospects so there is plenty of room for improvement in the not too far distant future. U prices appear to be bottoming too so pretty much every bit of downside is well and truly priced in.

    Only sideways and up from here IMO.
 
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