BMN 0.50% $1.98 bannerman energy ltd

Grizzlyyou raise some interesting points.....my only question is...

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    Grizzly
    you raise some interesting points.....my only question is do they need to do the $30million in one hit. Why not do $10million now, and then wait until the prefeasibiliy comes out with more pounds in the ground.
    At the end of the day $30m would give them absolute certainty but in some respects could they be selling themselves short.
    My other observation is that they are taking their time....does this mean that there are a couple of potential takers....and they are weighing up the better option...could there be a bidding war. All Uboaters are under the microscope at the moment so it could be management are trying to squeeze the best deal.
    All speculation...all will be revealed in time. Patience is the key here.
 
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