Bannerman Energy

Primary Ticker: ASX:BMN, OTCQX:BNNLF, NSX:BMN
Stage of Development: Development
Primary Minerals: Uranium
Country / Region: Namibia
Market Cap 509m
Website: Bannerman Energy
Bannerman Energy Ltd is an Australian uranium development company (ASX: BMN, OTCQX: BNNLF, NSX: BMN). Their flagship Etango Project is one of the world’s largest advanced uranium assets, situated in the highly established uranium mining jurisdiction of Namibia. It has been strongly de-risked through extensive drilling, technical evaluation and operation of a process demonstration plant.
Etango is fully permitted with all environmental approvals and the Mining Licence in place to build, operate and expand the Etango Mine.
Phased early development works on Etango are in progress. Detailed design is also advancing in parallel with offtake and project finance workstreams. Bannerman is advancing Etango steadily towards a targeted positive Final Investment Decision (FID), in parallel with strengthening uranium market fundamentals.
Management Profile
Matt Horgan, Vice President, Corporate Development
Matt is a high-performing mining executive who has worked across a variety of functional areas including technical (chemical engineering), marketing, commercial, investor relations, project development, and corporate development/M&A. In particular, he has recent and direct experience in the technical and commercial project development of African domiciled mineral assets.
Prior to joining Bannerman, Matt held the role of Head of Corporate Development and Investor Relations at ASX-listed Tanzanian rare earths developer, Peak Rare Earths (ASX:PEK). Prior to that, he was a Senior Associate at leading boutique investment bank, Azure Capital.
Matt’s early career spanned approximately 10 years with global aluminium major, Alcoa (NYSE:AA). There he held various roles including Manager, Global Corporate Development and Business Development and Commercial and Marketing Specialist.