BMN 0.37% $2.74 bannerman energy ltd

is it economical

  1. 236 Posts.
    Found this from the WME thread. (see http://www.hotcopper.com.au/post_single.asp?fid=1&tid=654240&msgno=2758247#2758247)

    "Bannerman (Xemplar), here is to be diminished according to its estimate the uranium very uneconomically. On the one hand because the geographical condition of the area resembles like a moonscape similar structure (by own photos occupied) and the uranium is in geologically unfavorable accumulations present. You can compare this with a sheet of paper perpendicularly in the soil, and in irregular distances in the appropriated area is distributed. So thus the drillings are implemented not perpendicularly but in an angle diagonally in the earth."

    Looks like there are questions as to viability of the BMN leases in some peoples minds.

    I wonder if this is what is causing the share price to fall.

    Any thoughts?

 
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