External broker reports(aggregated public sources), Canaccord Genuity

Canaccord Genuity

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External broker reports(aggregated public sources)

Equity Bottom-Up

<div><ul><li>The biggest highlight for the quarter, beyond the macro, was the granting of a Mining Licence (ML) for BMN's flagship Etango Uranium project by the Namibian Ministry of Mines and Energy.</li><li>This was a key milestone for the project and positions the company to be FID ready late in 1H CY24.</li><li>Etango is now fully permitted and it has indicated that all attaching conditions to the ML are considered customary.</li></ul></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The biggest highlight for the quarter, beyond the macro, was the granting of a Mining Licence (ML) for BMN's flagship Etango Uranium project by the Namibian Ministry of Mines and Energy.This was a key milestone for the project and positions the company to be FID ready late in 1H CY24.Etango is now fully permitted and it has indicated that all attaching conditions to the ML are considered customary.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bannerman Resources

Bannerman Energy Ltd - DecQ'23 Report