Bannerman Energy Ltd BNNLF

Metals & Mining Industrial Metals & Minerals

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 Ltd

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Comment by bart_dcon Jan 12, 2011 10:44am

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Post# 17959286

RE: Uranium at $66.00.

correct that the value Bannerman goes up but not with 450 million because
the extra future revenue of 450 million has to discounted and at 10% that would leave at max 100 million in value left.

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