BMN 1.77% $1.95 bannerman energy ltd

fedex i think your reasource assessment is a clear overstatement...

  1. 290 Posts.
    fedex

    i think your reasource assessment is a clear overstatement as what i took from the dj report was the following i quote
    "Anomaly
    A down to approximately 70m, over a strike distance of 1,700m could generate an
    insitu resource containing 25m lbs U3O8, supporting the current price of $2.70 per
    share."
    and
    "Using the same metrics, depth extensions to 200 vertical meters (Rossing are
    currently mining at a vertical depth of 300m, with ore in the pit floor), there is potential
    for 58m lbs U3O8, supporting a price of $5.70 per share."

    so to me i see the resource being between 25m pounds and 58m pounds u308 which is still a handsom resource.

    just thought i better post because i saw 740m pounds and thought that couldnt be right.

    greg
 
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