BMN 0.37% $2.74 bannerman energy ltd

The resource it, as I have been saying, long, deep and very...

  1. 211 Posts.
    The resource it,
    as I have been saying,
    long, deep and very narrow,

    When or if the Company uses an OPEN CUT operation to extract the material,

    then when the hole is 200 or 300meters or so deep, you have to build walls so that transport can remove the material.

    The angle could be 30degrees, this then is waste that has to be drilled, blasted and removed at a huge cost.

    JUST LIKE, Mr Longtermer was calling, however he was shouted down by the gang !

    Now the facts, according to BMN's own Web Site,
    the image,
    http://www.bannermanresources.com.au/docs/2007/BMN20071128.pdf
    page 21 or 22

    And within the little blocks there is,

    Ombo....... 2k x 100meters wide
    Anomaly A .. 2.3K X 100meters wide
    Oshiveli ....1.2k x 100meters wide
    Onkelo ......3ks x 100meters wide
    Ombepo ......2ks x 100meters wides

    Yes guys you have a number of possible deposites, just like the people next door, with the other lease.

    Its up to you what you read and how you understand how you read a fact like 100meters wide.

    Photo Sharing and Video Hosting at Photobucket

    Well thats enough for me, and now after reading it all again from the Web site, the cold hard facts and not just talk and ramping here on HC, I will just sit back and watch.

    Kind regards,
    UB

 
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