tibbs,
bmn went from 2.10 on sep 17 to 4.14 on dec 14 based solely on the scoping study results and speculation that +100 million pounds would be announced at end of january.
so what has happened since sep 17?......the spot price has dropped to $75, the resource came in at 72 million pounds, power issues have hit africa, a slowdown in the us economy has occurred, and court proceeding have been filed.
from here bmn need a solid "final" resource estimate at aa, encouraging drill results from another anomoly, a rising spot price and a resolution to savannas claim.
unfortunately we may be waiting a little longer for a recovery.
cheers
tibbs,bmn went from 2.10 on sep 17 to 4.14 on dec 14 based...
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