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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 10, 2012 11:51am
196 Views
Post# 20203988

RE: RE: survival

RE: RE: survival

Well, $.50 will mean a $150M market cap.  I'm not saying it's stupid or wrong, I'm saying Bannerman isn't publicly looking for a buyer, and the track record is not good.  Any public indication they've cut the exploration budget?  Not according to news releases or presentations.  I want to know that they are mothballing everything, just holding the assets at minimal cost until U prices move.  Couldn't possibly buy this, despite the huge and potentially very profitable resource.

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