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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
Comment by Stormtrooper123on Dec 16, 2010 10:10am
341 Views
Post# 17855136

RE: RE: MRL buyout vs. BAN

RE: RE: MRL buyout vs. BANI really think that BAN is going to try to mine this thing. High cost producer but large volumes = attractive when you are selling the Uranium at future prices, not spot ie) 70$ vs $60 spot price. 

Uranium will be hot in the coming years and I think BAN is a great company to own. Also, they are going to continue exploring the potential deposits they have found through satellite imaging and hopefully that expands their resource base.

$.56 is a very attractive price and I like the politically friendly environment their land positions are located in.
 
Hopefully some money will be coming their way in form of a partnership to get things rolling!
Bullboard Posts