Bannerman Energy Ltd (ASX:BMN)

Brandon Munro
Market Cap (AUD): 338.73M
Sector: Energy
Last Trade (AUD): 0.275 +0 (+0%)
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1. About

Bannerman Resources Limited (ASX:BMN) is an ASX and NSX listed exploration and development company with an 95% interest in the Etango Uranium Project in Namibia; a southern African country which is a premier mining jurisdiction.

The Etango Project situated near Rio Tintos Rssing uranium mine, Paladins Langer Heinrich uranium mine and CGNPCs Husab uranium mine currently under construction. A definitive feasibility study has confirmed the technical, environmental and financial (at consensus long term uranium prices) viability of a large open pit and heap leach operation at one of the worlds largest undeveloped uranium deposits.

From 2015-2017, Bannerman conducted a large scale heap leach demonstration program to provide further assurance to financing parties, generate process information for the detailed engineering design phase and build and enhance internal capability.

Bannerman is a member of the Namibian Uranium Association and Namibian Chamber of Mines.

Bannermans corporate office is located in Perth, Western Australia. The Company is listed on the Australian Securities Exchange (code BMN), and listed on the Namibian Stock Exchange (code BMN) in April 2008. The Etango project office is located in Swakopmund, Namibia.

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9. Risk