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Bannerman Energy (AU:BMN)
ASX:BMN
Earnings Data
Report Date
Sep 17, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
>-0.01Last Year’s EPS
>-0.01Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominately positive operational and financial picture: strong safety and execution on early works, equipment deliveries, robust liquidity (AUD 89.0m cash + AUD 12.7m liquid assets), mobilized workforce, signed power agreement and a binding water MoU, and preserved expansion optionality. Near-term risks include FID timing (target 6–12 months), two major construction contracts yet to be awarded, and finalization of the NamWater contract (administrative delays). Management reports increasing market interest and secured mechanical pricing which mitigates some cost risk. On balance, operational progress and balance sheet strength outweigh the outstanding execution and approval items.Company Guidance
Strong Safety Record
16 years without a lost time injury (LTI) at site, demonstrating strong safety culture and effective site management during transition from exploration to construction.
Robust Liquidity and Balance Sheet
Cash balance of AUD 89.0 million plus additional liquid assets of AUD 12.7 million (total ~AUD 101.7 million) and no debt, providing runway for ongoing construction and financing flexibility.
On-Budget and On-Schedule Early Works
Early works construction activities progressed in line with budget and schedule; significant contractors mobilized and key civil and concrete works advancing, including a major continuous concrete pour of over 1,200 m3.
Major Equipment Delivered
Factory acceptance test of the high-pressure grind roller (HPGR) completed and the unit successfully delivered to site — proof of successful equipment procurement and import processes.
Progress on Key Plant Civil Works
Heap leach pad (1 km x 300 m) has first 3 cells completed; primary crusher concrete works ~30% complete with tower reinforcement ~50% installed; tertiary crusher and stockpile tunnel foundations progressing.
Rapid Workforce Ramp-Up
On-site personnel increased from roughly 100 to ~373 during the quarter (approx. +273%), with induction and medical processes efficiently managed to minimize onboarding delays.
Project Spend Visibility and Procurement Progress
Spent and committed project expenditure is ~just under one-third (~33%) of overall budget; major mechanical orders placed to secure pricing, improving cost certainty.
Utility and Infrastructure Milestones
Power agreement with NamPower signed and initial deposit paid; design work for substation started. Binding MoU with NamWater in place enabling commencement of permanent water supply line construction.
Expansion Optionality Preserved
Power and water infrastructure is sized to accommodate planned expansion (Etango-8 to Etango-16), allowing potential scale-up without major rework; site layout allows extension build while operating main plant.
Positive Market & Financing Momentum
Management cites rising uranium spot price (~USD 87 at the time of call) and increased investor interest over the past 6 months; strategic funding workstream progressing and FID targeted within 6–12 months while maintaining project momentum.
Local Contractor Performance
All on-site contractors are Namibian, delivering strong schedule adherence, safety performance and commitment — viewed as a strategic success and local capacity demonstration.
AU:BMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:BMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | AU$4.79 | ― | ― |
Sep 24, 2025 | AU$3.75 | AU$3.72 | -0.80% |
Mar 05, 2025 | AU$2.19 | AU$2.24 | +2.28% |
Sep 19, 2024 | AU$2.48 | AU$2.39 | -3.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bannerman Energy (AU:BMN) report earnings?
Bannerman Energy (AU:BMN) is schdueled to report earning on Sep 17, 2026, TBA (Confirmed).
What is Bannerman Energy (AU:BMN) earnings time?
Bannerman Energy (AU:BMN) earnings time is at Sep 17, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Bannerman Energy stock?
The P/E ratio of Bannerman Energy is N/A.
What is AU:BMN EPS forecast?
AU:BMN EPS forecast for the fiscal quarter 2026 (Q4) is >-0.01.