BMN 0.00% $3.58 bannerman energy ltd

rio tinto sells kintyre for 495 million us, page-4

  1. 447 Posts.
    Low side on the likely required capex and opex, and time to production, when U prices will be on the decline.

    BMN managemnt maybe have not been open to discussion for sale while RIO was..

    They need to do things in the best interest of shareholders of course, which is something they need to consider.

    BMNs problems short term may be getting the finances for the development of the project and banks may have some control in diluting the company. Bad for shareholders.

    It's obviously going to be a mine though.

    And, on all accounts should be somewhere between $500m - $1500m into production.

    As, has been discussed.

    SDG

 
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