I believe that at current uranium prices Bannerman is going to struggle to get a mine going.
However, the production of U must increase significantly to meet the demand and allow for lower secondary supplies - this may require a doubling of production in 10 years- but you cannot start a mine overnight
So where is this production going to come from ?
EXT can bring 15mil lbs/p.a online at current prices
Can others help with production coming online ?
If not enough production will come on line then prices will have to rise because having idle reactors is not an option.
But then again if 100lbs can come on-line at current prices then maybe prices do not have to rise ?
I believe that at current uranium prices Bannerman is going to...
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Last
$3.30 |
Change
-0.050(1.49%) |
Mkt cap ! $590.1M | |||
| Open | High | Low | Value | Volume |
| $3.25 | $3.33 | $3.21 | $1.629M | 496.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5729 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.30 | 5323 | 2 |
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| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| BMN (ASX) Chart |