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Bannerman Energy Ltd 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.


OTCQX:BNNLF - Post by User

Bannerman Energy Ltd
Bullboard Posts
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Comment by seanyboyon Aug 14, 2011 12:47am
350 Views
Post# 18939715

RE: Quiet Board................

RE: Quiet Board................Typical fallacy of the retail investor.

"I'm sure that my shares are worth 100, not the 50 they are trading for... obviously I should refuse an instant double on my money now for the hope of getting it at some indefinite point in the future."

Bannerman's management doesn't like the offer.  Likely going to wait as long as they can for the next run in uranium, which could be years away.  When it comes and if Bannerman survives, 1.10 will be a joke.  If we haven't already figured it out, resource juniors are not the place to be putting capital when deflationary collapse threatens.  Market action is telling us this.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities