Well PDN is right. This climate will put some explorers out of...

Well PDN is right. This climate will put some explorers out of business....but thank goodness BMN is somewhat past that stage with Etango and well into the BFS. And don't forget it wasn't all that long ago when PDN said what the world needed was a LARGE LOW GRADE BULK TONNAGE uranium deposit i.e. Etango

Its going to be a real challenge for the management team to come up with the cash but its doeable. The BFS will determine whether we're going ahead and whether any lenders will consider offering BMN some help. I still think a JV is on the cards with maybe part bank financing and part small cap raising.

Also don't forget that if the BFS finds that the project is not economical for building its own mine, they have the option to ship ore to the RIO site.

btw...whoever said 1c...That will give them a MCAP of $1.6m lol.