Hello?
U sector sentiment was down and then we have had a market crash?
Plenty of people we happy to put their money into BMN when the other U sector was falling Aug-DEC. SMART Money. Follow it.
And short term sentiment by a few, yes ,just the few Knobs who sold it down initially on the preliminary JORC not quite reaching the 100 mill Lb level.
How pathetic are they? The final jorc will be 100+ mill lB and thats just one area.
So this 10 year mine life stuff is just a starting point, allow for other deposits to be jorcs, and its 20 years.
Before we had the crash, BMN was twice current prices.
What does that say? Enough? Says that the upside was clear and present, and the current SP reflects nort of where BMN will be when the market gains confidence once more.
Either way, I value BMN as the next PDN. it will have a 100+ Ml LB resource, maybe even 200 mill Lb with a swag of other deposits in the area to extend mining operations.
It pains me to see the number of people, who are so short sighted, perhaps dim witted, to trample down the value of a company, based purely apon the SP, especially given the crash we have experienced.
Can these people forget the current SP, and recognise what the value of the company will be in production.
For mine, its black or white, they succeed to mine or they dont. My investment is to zero, or to production PE rating, which I may remind, that BMN is a ball park off her peer Paladin.
So, BMN is a ten bagger from here, at least.
Agree with tibs for present catylst for SP movement.
cheers
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BMN
bannerman energy ltd
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why its weak, page-8
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Last
$2.99 |
Change
-0.020(0.66%) |
Mkt cap ! $614.1M |
Open | High | Low | Value | Volume |
$3.18 | $3.18 | $2.97 | $2.671M | 882.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $2.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.01 | 240 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 2.980 |
1 | 4000 | 2.960 |
2 | 3589 | 2.950 |
2 | 9188 | 2.900 |
1 | 16525 | 2.880 |
Price($) | Vol. | No. |
---|---|---|
3.010 | 240 | 1 |
3.040 | 8400 | 2 |
3.050 | 3000 | 1 |
3.080 | 5996 | 2 |
3.090 | 3900 | 2 |
Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
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BMN (ASX) Chart |