David,
Have you done any research on where the price of Uranium is expected to be in a few years?
Most experts are predicting massive supply shortfalls through 2009-2011 as worldwide demand increases rapidly and new projects struggle to get online fast enough to meet it.
BMN is ideally placed to be coming to market at exactly the right time.
Agreed that post 2012 the situation may change as all the Namibian projects ramp into production, Cigar Lake is up and running and even the Olympic Dam expansion gets up. That being the case I might review my BMN investment then buts its certainly not worth trying to downramp the stock now about.
scoping study delivers moderate income, page-5
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$2.19 |
Change
-0.050(2.23%) |
Mkt cap ! $391.1M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.31 | $2.17 | $1.112M | 505.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3301 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 15000 | 3 |
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