Bannerman vs. Competitors, page-6

re VMY
You maybe right,esp Mulga Rocks . Macquarie sold down, I don't know why.They do have some excellent properties however with credits, but they are still exploring and re-defining a resource,although they are well advanced.Suspect that they may re-do the DFS taking the credits into account.

Remember that engineering studies etc take some time whereas BSM has had a demonstration pilot plant,BOE has the Honeymoon plant, and AEE's engineering studies are well advanced.They have also had their environmental impact studies accepted.

It all depends on how long you think that the bull cycle will last, and when it started (it has started in my view,but very slowly and generally unrecognized at the start).

The big money is made in the last 2 years of the bull cycle if one takes notice of past history.

This is probably not the thread to discuss it on,but happy to look at contrary evidence that backs opinion.