The management are determined to build a very profitable mine..
The figures speak for themselves....6.9 - 8.5 millbs per annum with production costs at about $20-22 per pound..... from own acid plant !!..very clever move !Plus the new HPGR grinding process will add more efficiency into the project . !!
Later on the long term U3o8 price will only get higher !!
The free cash flow is enormous !!
Pdn & Era are just starting to get acceptance by the local aussie ...research analysts...its been hard for them with accelerating spot prices last year & they were really just following the U.S. people that still don't know how to handle these Uranium companies..
Canada ,of course are better at it , so as time moves on ...bmn will get noticed by the big boys as a top opportunity to get into one of the the next producers.
O.K the sp is in negative right now ,being shorted !!...So what !!
Its done this before & will do it again...
great news today & I wish him well!!
cheers cj
chief operating officer appointed, page-24
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Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.03 | $2.94 | $1.499M | 505.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 5480 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |