BMN 1.77% $1.95 bannerman energy ltd

ev lbs (from rbc report on ext), page-3

  1. 3,218 Posts.
    lightbulb Created with Sketch. 363
    sure but the point is the the brokers "demand" the pfs from BMN yet seem to value MRU/DYL and many other companys that are no where near pfs stage at a preimum.

    the invesrse rule is applying here...bmn is being peanalized for being futher down the development path....i cant think of another commodity where early stage exploration drilling is valued way above development...

    why not ask MRU or DYL for a pfs on their projects....?

    do you see my point?
 
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