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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 BroStarton Aug 26, 2011 8:49am
258 Views
Post# 18981591

RE: Why No Vote On The Offer???

RE: Why No Vote On The Offer???Have some faith my friend.. they decided not to sell for .61/share, to the China company because they know this sector right now is not getting the value it should.  When the Rare Earths bounce back I am sure they will be offered double or much more than we are sitting at now.  They are in it for the long term and to sell out would not have been smart for anyone.  Right now a 150% return would sound good, but if you hold this for 3 - 6 more months you will be happy that it never happened.  They are getting things sorted  out in Botswana, and they know the Namibia is a "gold mine" of Uranium.  They have the backing of the government there, and some big names that really know the area and more importantly the people and companies there to keep everything on the up and up.  This company is for real, and will easily double soon, and then continue to go up and up. If the Japan incident never happened you can be sure we would be over the $2/share price right now.  You said this is your biggest holding, I say smart move to you! Keep your head up and stay positive, you will be rewarded for Bannerman Resources!
Bullboard Posts