Bannerman's share price is highly leveraged to the uranium spot price. Uranium sector is hotting up for obviuos reasons as mentioned on this forum.
Cannot help being a bit sceptical re our share price increase compared to other uranium stocks. BMN has more than doubled it's share price from it's recent lows. PDN, ERA and others have not increased near the same rate. Why ?
Is Bannerman being pumped for a capital raising ? ? It's now an ideal time to raise capital being on the brink of what I believe will be another boom in uranium stocks. Not only Japan but China and India are now building reactors and will be using a lot of uranuium for their future energy needs. And China's energy needs will be unimanginable.
What do others think ?
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