Bannerman Energy Ord Shs BNNLF

Energy

Bannerman Energy Limited is an Australia-based uranium development company. The Company's flagship asset is the 95% owned Etango Uranium Project that is located in the Erongo Region of Namibia, approximately 30 kilometers south-east of Swakopmund. The Etango Uranium Project possesses a uranium mineral resource endowment of 207 million pounds (Mlbs) of contained U3O8. The Etango Uranium Project is an undeveloped uranium deposits, located in the Erongo uranium mining region of Namibia which hosts the Rossing, Husab and Langer-Heinrich mines. The Company's subsidiaries include Bannerman Mining Resources (Namibia) (Pty) Ltd, Bannerman Energy (UK) Limited, Bannerman Investments Pty Ltd, Bannerman Energy Canada Ltd and Bannerman Energy (Netherlands) B.V.

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Bannerman Energy Ord Shs

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Comment by YourNadiron Mar 14, 2011 10:21am

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Post# 18280477

RE: RE: Bannerman

As has been pointed out on other uranium boards, if these 40-year-old reactors can withstand one of the worst earthquakes in history then this should be seen as a positive for the safety of the nuclear industry.

Yes, there has been a low level of radiation that leaked, but so long as they keep the cores from exploding, it's been largely a success to prevent a worst case scenario. And today's technology with new reactors makes them much safer.

A rebound is in our future. Just a matter of whether it takes days, week or months.

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