Bannerman Energy Ramps Up Etango-8 Project

Bannerman Energy (AU:BMN) has released an update.

Bannerman Energy Ltd reports significant advancements in its Etango-8 Project, with the completion of crucial engineering processes and a successful A$85 million equity raise to finance initial construction and procurement. The company has begun detailed design and early works construction, aiming for a positive Final Investment Decision in the second half of 2024 amid a robust uranium market.

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