fat profits starts coverage, page-43

Nothing against extract..they look good..will be a winner behind Bannerman IMO. Just a comparison between the two quickly show that Extracts market cap is 180 million..Bannermans fully diluted cap is 489 million but we would have around 25-30 million at bank I would say with all the new oppies etc coming on. So lets say BMN's cap is around 470 mil..It is substantially higher than extracts but extract is 1.5 years behind Bannerman! Something that must be considered when valuing the two.

Bannerman will be in production a lot earlier than extract taking advantage of the current uranium prices..bringing in the cash much earlier! What is
extracts initial target estimate? 20 to 40 million pounds..40 million pounds is only 1/4 of Bannermans Goanikontes resource! So its fine to say Extract will do well but do not misguide on the resource size of the Goanikontes deposit. It will be much bigger and this is only drilling out 2.3 KM of the 37 KM's total in strike.

Bannerman also have some excellent exploration targets in Botswana. Good luck with EXT. I had my ride with them 1 and a half+ years ago when i bought them at 2 cents and sold out at 9. It looks like some the the long term holders will finally get some rewards for their loyalty.