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Bannerman Energy Ltd BNNLF

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.


OTCQX:BNNLF - Post by User

Bullboard Posts
Post by Bobwinson Dec 14, 2009 10:10am
598 Views
Post# 16583937

Definitive Feasibility Study

Definitive Feasibility StudyStock is way off at -.23 to C$.87.  Is this because financing the $555million capex is assumed to be coming?  Moving forward with positive economics on this relatively big uranium project would normally be considered a positive.  Low volume but no bounce.  Ideas?
Bullboard Posts