where is tibbs, page-19

Tibbs is in malaysia for another month... talking to the Orangatangs......just like on Hot Copper ....hahahaha

Well I'm pleased the PFS is finally out a month earlier ahead of schedule...

, Its positive as predicted , & Board are now immediately proceeding into the DFS for final estimates , costs & quotes from suppliers & contractors for Mine construction .
Yes its too early IMO for them to confirm a reduction in operating costs...

The Brokers have taken the sp back ( selling short)as usual on this significant announcement ... already tested the $1 zone again....Caught me out too ..... as sold off a fair whack of my ACB recently & bought more bmn into the $1.15 -20 area....amazing this share market ...

Knuckle ....probably 80-90% of Bmn's sales of u308 will be under long term contract price of $70 ....& at $80 the NPV of the company will nearly double (so share price will reflect this)....Spot price will not remain in this $45 level....

Nevertheless, many investors have bought in thru recommendations (drillers & diggers etc )'''so it certainly is disappointing to see the Brokers trading down the Sp yet again which no doubt triggered lots& lots of "stop loss' levels ....This accounts for the volume IMO !!

The big picture is still full steam ahead....for bannerman to build a big mine down the track...they have the expertise management, & funds to keep going...

How many other companies are this far along ....& with the 20% stake held by CJ & nathon mc( vendors).....they can brush off any short term hostile takeover bids at low prices around $1.50 -$2 zone.

In between time just have to hang in be happy with life..

cheers cj