Below are two companies that both Erongo and Bannerman should be...

Below are two companies that both Erongo and Bannerman should be compared too.

Uramins deposit below.

Inferred Mineral Resource of 139.2 million pounds U3O8 (502 million tonnes at a grade of 0.013%), both estimated using an 80-ppm cut-off grade. Trekkopje is expected to become one of the world’s ten largest uranium mines when it achieves production

130 ppm average.

Forsys deposit below

100 ppm cutoff 160ppm avg for 41.1 million pounds of uranium

Its pretty obvious to see these low grade large tonnage deposits are worth money. Aussie investors just need to come around to the idea. Thats the reason why Bannerman are allready wanting to move onto the TSX. Re-rating will occur once this happens.

Uramin Market Cap - 1,930,997,638 CAD
Forsys Market Cap - 461,693,565 CAD

Also we have good support in Germany atm.

Trading at .569 Euro. Turned over heavy volume. Got hit initially down to .53 euro. Currently at .569 euro.

0.569 EUR = 0.920341 AUD

Volume: 1,103,382

I think the Germans know value when they see it? Dont forget Erongo shouldnt only be valued purely off this announcement. The land coverage they have in Namibia is huge. They hold a 90% interest on their epls. They also look to be building some substantial mineral sand epls that could very well be spun off into a new entity to existing share holders as an in specie distribution. Still plenty of upside left IMO. This doesnt mean that the SP will go up tomorrow though.