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Bannerman Resources MD discusses uranium markets, as predictions proven correct

Brandon Munro, managing director of Bannerman Resources Ltd (ASX:BMN; NSX:BMN), catches up with Proactive Investors to give his updated take on global uranium markets. His public predictions about supply side disruption in 20% of the market, made in May, have come true.

Prices have risen about 40% in the past six months, and Munro, "[Sees] the sector behaving very optimistically for the next."

Bannerman's flagship asset is the wholly-owned Etango Uranium Project in Namibia.

Quick facts: Bannerman Resources Ltd

Price: 0.044 AUD

ASX:BMN
Market: ASX
Market Cap: $45.83 m
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Bannerman Resources well positioned to leverage nuclear sector recovery

Bannerman Resources Ltd (ASX:BMN; NSX:BMN) managing director Brandon Munro updates Proactive Investors on the uranium development company’s position in a deepening deficit within the nuclear sector. “We’ve had a series of systemic supply disruptions and we’ve now got a sector that’s moved...

on 21/9/18

2 min read