Pretty quiet on this thread but I imagine we'll get a bit of...

Pretty quiet on this thread but I imagine we'll get a bit of traffic flowing in considering the last few weeks and once the CR is done.

I have to come clean and admit I put a lowball offer in at 19.5c which got hit early Feb, and even lower at 16.5c for shits and giggles. I didn't realise when Russia invaded Ukraine on 22/2 that the markets would shit itself, unfortunately I cancelled my order at the front of the line as thought BMN might go lower and had other stocks get hit first so cash depleted....kicking myself but need to remember I did well with 19.5c and CR at 22c now should provide great support too moving forward.



Looking ahead I think if we can get past 37c (upper channel blue line) it should give us another launch to go past 40-43c like other stocks (EL8, LOT) which have created new ATH's recently, this time let's hope management keep their shares tightly held.

This could go higher quickly if you look back at the chart below in July 2010 leading up to Fukushima on 11/3/2011 the price built a nice base from 32-38c then heading up toward 75-90c before the Tsunami and unfortunate events in Japan. A quick check of the Spot price then saw it go from $45 - $72 in that July 2010 to Jan 2011 period.



Plenty to look forward too, hopefully we don't get scaled back too much like the recent Boss raise. I wouldn't be surprised to see people selling off post retail CR as at 32c currently (12pm) its a 45% gain but I'll be holding for awhile as things only just getting started in the Uranium sector.

Disclosure - I'm a novice with charting so the above should be taken with a grain of salt. There's been lots of charting coverage of BMN and other uranium stocks on Finding Value Finance on youtube, worth watching if you haven't seen it.