JonoBurcham

Last opportunity to accumulate Bannerman?

Long
ASX:BMN   BANNERMAN ENERGY LTD
Not my idea but have to agree this is a great opportunity.

Near term catalysts:
- SPP outcome to be posted after market today (ASX), IMHO likely way oversubscribed. Investors will be scrambling to get those orders filled with their returned cash when the new share start trading on Wednesday 27thApril.
- URNM becomes Sprott Uranium Miners ETF and starts trading under their management - likely next week according to quakes99 - expecting bigger funds flow as the marketing engine revs up
- Sprott physical uranium trust taking a breather allowing spot to bring NAV back to equilibrium >$60lb is helping to give us this window of opportunity but it won't last long
- Cameco quarterly call May 5th, Grant Isaac's enthusiasm and indications of off the market contracting was a strong driver for the whole uranium sector last quarter
- Bannerman CEO out of isolation and attending in-person nuclear conferences again as of this week
- Russia Ukraine conflict intensifying in the east and south encouraging further sanctions


ASX:BMN

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.