Tibbs your are very prompt can i offer you a job, But back to the 20% Still dont see that as a reason not to buy them out it looks more like a reason to buy them to me Clive is one of the founders of the Company?s Etango Project in Namibia, in which he and another associate retain an interest through their ownership of a 20% shareholding in Bannerman Mining Resources (Namibia) (Pty) Ltd, the owner of the Etango Project.
Hows he gonna come up with 200 million and hes a director of BMN as well. Must be confusing at the board level. i was talking with other supposed notables from Areva and got the distinct impression they where not impressed with the 80% but liked the project but found it dificult to move forward with the hanger ons (clingons was the term i think)
Well i suppose its all sepeculation but its a concern to me. So im going to follow this up and will keep you posted on what i find out.
BMN Price at posting:
83.0¢ Sentiment: ST Buy Disclosure: Held
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