The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
BAN Gives Torque to Uranium Prices
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MIKE KOZAK, Cormark Securities Inc.
(12/02/2010)
"Bannerman Resources is advancing its 80%-owned Etango open-pit uranium project forward in Namibia. The 213.0 MMlb resource still has room to grow, and we envisage the project ultimately producing up to 7.0 MMlb U3O8 per annum. That said, at 193ppm, the grade of Etango is comparatively low, and the economic viability of the project is dependent upon sustainably higher long-term uranium prices. . .Yesterday, Bannerman provided an update on the feasibility study at its Etango Uranium Project. The operation is expected to produce between 5 Mlbs and 7 Mlbs of U3O8 per annum over a +20-year mine life. Estimated average life of mine cash costs are $42/lb U3O8. . .Through H2/10, BAN identified two new satellite deposits close to Etango and drill targets immediately to the north of the Swakop River. Maintaining Market Perform Recommendation. . .[Etango] offers the greatest leverage and torque, relative to the rest of our uranium coverage universe, to higher commodity prices." |
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More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >