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Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy.
December 11th, 2009
Bannerman resources an Nambia Uranium explorer is starting to look very undervalued. It currently has a JORC of 160m pounds and is valued at ~1/10th of uranium in the ground / market cap as compared to EXT. But looking at their latest drilling results it seems more than likely that they rae going to have a JORC = to EXTs or possibly even bigger.
The latest report has a diagram of their projects that indicates a strike length of approximately 10km and up to 3 km wide in places. The grades seem to be good ranging from 3,000ppm to 170ppm and are near surface. BMN is turning into a monster.

Tags: bannerman, bmn, bmn asx, Namibia, uranium
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November 24th, 2009
If you look at the image that Bannerman has just posted in its latest ASX release you can beging to see the potential.
EXT has a market cap just under $2billion dollars, BMN around $268 million.

Tags: bmn, jorc, Namibia, uranium
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