Add as a preferred source on GoogleEtango-8 Reaches Final Investment Decision, Targets First Production in 2028
Funding includes a completed CNOL strategic investment and Bannerman’s A$124 million institutional equity placement. Bannerman plans to sell the remaining 40% of contracted volumes about six months before production.
Bannerman Energy’s Etango-8 uranium project in Namibia has reached a final investment decision. First production is expected in 2028.
Funding includes a completed strategic investment from CNOL and Bannerman’s A$124 million institutional equity placement.
Bannerman plans to delay selling the remaining 40% of contracted volumes until approximately six months before production. The company also plans to maintain relationships while delaying those sales.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.