Interview with Brandon Munro, CEO of Bannerman Resources (ASX:BMN)

Munro has been guiding us through the complexities of the rapidly changing uranium market. But today we talk to him about his uranium company Bannerman Resources.

Etango, their asset, is in Namibia. A country well versed in uranium mining with two of the world's largest uranium companies, Rossing and Husab, operating there. Munro talk us through optimisation of the DFS, but also explains why he is no hurry to complete it. Seems counterintuitive but his rationale is solid. We also address the most common question that detractors throw at the company, the CAPEX is just too big for them to be financed. He gives us his answer to that, and also talks about contingency planning.

So can Bannerman Resources get financed. And where do they do place themselves in this uranium cycle? They have a very experienced uranium management team which we like. They have a enough cash to last a couple of years. It's large resource. If you buy into their ability to deliver the plan and raise cash, this is worth investigating. Munro oozes control. Are you a buyer?  

What do you make of Brandon Munro?

Company page: https://www.bannermanresources.com.au/

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