As it moves towards a potential final investment decision at its flagship project in Namibia, Bannerman Energy has taken another proactive step.
As it moves towards a potential final investment decision at its flagship project in Namibia, Bannerman Energy has taken another proactive step.
The mid-cap uranium explorer, which pressed pause on heading towards an FID at its Etango project in September last year due to market conditions, told the market on Tuesday it had appointed Danny Goeman as independent chair of the company’s product offtake committee.
Bannerman said it expects Mr Goeman, who has more than 30 years of strategic analysis and marketing-based mining experience with companies such as Rio Tinto and Fortescue, to hit the ground running given his skillset.
“We look forward to Danny working closely with Bannerman’s vice president – market strategy Olga Skorlyakova, and the other members of the product offtake committee in carefully advancing and executing the company’s offtake and marketing strategy for the Etango uranium project,” Bannerman chair Brandon Munro said.
Mr Munro reiterated that the company’s focus regarding production had not changed despite the FID being re-scheduled last year.
“Our product marketing and offtake strategy remains unchanged – to secure multiple uranium sales agreements that align with long-term market fundamentals and real producer opportunity, while balancing price exposure and revenue stability,” Mr Munro said.
“This approach is underpinned by sustained inbound interest from nuclear power utilities and other market participants across key jurisdictions, reflecting Etango’s strategic significance as a source of future supply diversification.”
In January, Bannerman also announced a series of appointments, including Felicity Gooding joining the board as a non-executive director, along with Matthew Horgan as vice president of the company’s corporate development portfolio.
Bannerman shares last changed hands at $2.93, as of 10.44am AWST.
