Bannerman Energy (AU:BMN) has released an update.
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Bannermen Energy Ltd has announced that all the mineral resources intended for extraction in their Etango-8 and Etango-XP/XT projects are classified as Measured or Indicated, ensuring no Inferred Resources are included, according to the JORC Code. Additionally, the company stated there’s no new information impacting the mineral estimates from their December 2022 report, but they acknowledge significant funding and potential dilutive financing are needed for project development. Investors are reminded of the inherent risks of forward-looking statements, which are dependent on various assumptions and conditions.
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