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
$3.50 |
Change
0.040(1.16%) |
Mkt cap ! $718.9M | |||
| Open | High | Low | Value | Volume |
| $3.37 | $3.56 | $3.37 | $14.32M | 4.085M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.54 | 1000 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| BMN (ASX) Chart |