Bannerman Energy (OTCQX:BNNLF) - Leveraged Upside as Uranium Mine Nears Build

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Күн бұрын

Interview with Brandon Munro, CEO/MD, and Gavin Chamberlain, COO of Bannerman Energy
Our previous interview: www.cruxinvestor.com/posts/ba...
Recording date: 8th February 2024
This $600M Uranium Developer Could Double On Rising Prices
Bannerman Energy is advancing the large-scale Etango uranium project in Namibia, one of few new production stories brought online before the end of the decade.
With uranium prices already having doubled in the last 6 months, analysts forecast a deepening supply deficit that requires further upside to incent new mining. Bannerman finds itself perfectly positioned to capitalize.
Etango holds over 200M lbs of uranium resources, with Phase 1 production estimated at 3.5M lbs per year. Expansion potential is sizable. Located in stable and mining-friendly Namibia, Bannerman has systematically derisked Etango while retaining flexibility on funding and contracts - allowing shareholders to get full leverage to rising prices.
With a A$600M market cap but a funded balance sheet, a strong in-country team, and all required permits in hand, the company anticipates a streamlined 2-year construction timeline once project financing is secured.
The rare degree of construction readiness for a junior miner translates to reduced financing risk and confidence in expedited production schedule. Set against industry peers trading at steep premiums despite major project funding and execution obstacles, Bannerman offers a timely, leveraged, and de-risked exposure for uranium bulls.
With key lithium, copper, nickel, and uranium inputs all forecast to enter sustained deficits, the conditions are ripe for substantial mining valuations. As a pure play uranium vehicle modeled to come online just as the market flips into undersupply, Bannerman Energy deserves investor attention.
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View Bannerman Energy's company profile: www.cruxinvestor.com/companie...
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Пікірлер: 20

@AdamTV 5 ай бұрын

Thanks for addressing the water question. The confusion arose because the original water issue was raised as a question in Namibia in general. It was therefore reasonable to ask if it applies to Bannerman. From what they said it appears there is a water issue in Namibia but it does not apply to Bannerman. The question of which companies will be affected is still outstanding.

@sophiezhu7738 5 ай бұрын

This management team is very, very solid! I’m a happy shareholder:)

@Chad-mf5vo 5 ай бұрын

If that doesn't give confidence to shareholders and investors, nothing will. Great interview thanks Crux.

@ozw123 5 ай бұрын

Just when you think you can't be more impressed with Bannerman, they knock it out of the park, again!!! Excellent interview. Thanks for the tough questions, Matt.

@user-uz7of5sc2q 5 ай бұрын

I paid 3 cents (post split 30 cents) I could always see Brandon as committed, articulate, intelligent and very hard working. This is a genuine great company and the share price will go to the moon. Right now is a great time to buy. I’ve been hard in this game for nearly 8 years and my profits have been life changing. I currently hold 18 U stocks and have bought and sold many others with varying degrees of success. The interesting thing is that 6 years ago I picked the top 3 ASX U stocks to be Bannerman, Boss, and Deep Yellow. After thousands of hours of study and years of joyous gain and disappointment, I AM STILL RIGHT 👍

@bozolito108 5 ай бұрын

Me too. I had BNM picked as the dark horse (way back at 2 or 3 cents). If they can indeed get into production in this cycle I think it could echo Paladin’s run. Crossed fingers. See you on the other side

@user-uz7of5sc2q 5 ай бұрын

Yes, we shall enjoy fine Champagne and caviar 👍

@chrisb236 5 ай бұрын

I can attest to construction and commissioning of a small site. Problems get dealt with very quickly. The right people can meet quickly. You can be scrappy and make changes to the plant rapidly. ex/ 3 of us go look at a problem with an engineer. Draw it and write it out right then and there. Engineer understands, and goes back and draws it and stamps it and done. We make the change the next day. Does not happen in large major projects like that.

@kylemadden842 5 ай бұрын

i feel very validated. i said years ago, again and again, that Brando was a rock star. Id love to subby to bmn one day cost plus options haha. Gavin....... this guy is good, he needs to find his feet with public spot light, but he is honest from the looks of it....easy done with Bannerman, its their track record. Value, Value, Value... Gavin my man, shine! i wish i could add value to bmn, i love their grass roots business core. i might have to come visit next year, tax right off anyway right. I work for a drilling company and their moto is "making it happen". Bannerman really is my favorite uranium company because they hold the same value. Plus they also deliver..i just love them. appreciate the video share crux. i think we both see value

@bluntz122 5 ай бұрын

thanks for clearing up the water issue

@simonbarrett9568 5 ай бұрын

Thank you for the information on the water

@AdamTV 5 ай бұрын

Up 8% last night, down 10% tonight. Things are getting volatile at these spot prices. The market did not seem to like the Cameco earnings report today. I suspect long term contract prices just need to catch up with spot .

@darren2351 5 ай бұрын

Great interview Matt, Bannerman is in such great hands moving forward really think this will be one of the standouts in this bull run! And good to hear about the water too

@nickhornsey5719 5 ай бұрын

Best in class! Keep up the great work Guys!

@AdamTV 5 ай бұрын

Bannerman financing “this year”. That’s big news. Been waiting on that. Excited to hear details when it happens. Does that mean mine operations could move ahead in 2025 or is everything still dependent on long term contracts?

@robertharle6377 5 ай бұрын

Final Investment Decision due Mid 2024. Aiming for commission of mine at the end of 2026 and first production early 2027.

@AdamTV 5 ай бұрын

Theoretically I wonder how much the share dilution from a possible 30% equity financing deal would affect Bannerman stock price? (He did say it was only one of the possibilities).

@carltannehill8307 5 ай бұрын

The reverse split hurt a lot, am still down 20%

@AdamTV 5 ай бұрын

In theory a reverse split should not affect valuation. That said higher interest rates have negatively affected valuation as has inflation. The stock price is only now getting back to its 3 year high when the spot was $55. For some reason it reached this level earlier in Australia than the USA. Possibly an exchange rate effect.

@jamesheadings8956 5 ай бұрын

Do I wish I hadn't sold when Bannerman uplisted in July 2021? Not really. I clearly lost when you just look at the chart but what I did with the capital and it was a tough time put me further ahead. I won't pay current price for an OTC. Give me a market share and I am in.