Comparable bull market Performance by ASX developers/producers Recorded from start of last runup in August 2023.
Indicates BMN (yellow) was a clear outperformer.
PEN was the laggard (dropped off the screen).
BMN trade ideas
BMN - Chop SueyThe uranium thematic is hot right now. We've flipped the $3.28 level into a support zone. I'd be happy to watch it chop between $3.28 and $3.81 for a couple of months to regain strength, then make a rally to challenge the Oct 2021 high.
Long term I'd like to see this thing do $5-$8. Still a lot of price discovery to do first.
ASX:ASX #ASXBETS #uranium
BMN - UraniumThe emotion phases of a market cycle are very clean on this chart.
Shows all phases
Bias is up as key level has been reclaimed and flipped.
ASX Top 10 Momentum Stocks: 28 Sept 2023 - Finer Market PointsFWB:LV1 ASX:OKR ASX:TOR ASX:DYL ASX:WC8 ASX:BMN NYSE:RDN ASX:SXG ASX:LPM ASX:BOE
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Live Verdure Ltd (LV1): Live Verdure Ltd is a health, wellness, and skincare products company making a wide range of naturally based products with effective active ingredients sold online, direct to consumers.
Okapi Resources Limited (OKR): Okapi Resources Limited has North American uranium projects in Colorado and Canada's Athabasca Basin, which currently supplies about 20% of the world's uranium.
Torque Metals Limited (TOR): Torque Metals Limited is a WA miner near Kalgoorlie exploring for Li Au and Ni along the south string of St Ives Gold Mine with infrastructure and processing plants nearby at Bald Hill.
Deep Yellow Limited (DYL): Deep Yellow Limited is involved in uranium exploration, with projects spanning from Namibia and Africa to The Reptile, Tumas, Omahula, Yellow Dune Joint Venture, Nova Joint Venture, Mulga Rock, and Alligator River.
Wildcat Resources Limited (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Bannerman Energy Ltd (BMN): Bannerman Energy Ltd is a uranium miner with the Etango project in Namibia.
Raiden Resources Limited (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Southern Cross Gold Ltd (SXG): Southern Cross Gold Ltd is a gold miner in the VIC goldfields of Sunday Creed, Redcastle, Whroo, and Mt Isa in QLD.
Lithium Plus Minerals Ltd (LPM): Lithium Plus Minerals Ltd is an NT miner focused on lithium, with three projects in the top end.
Boss Energy Ltd (BOE): Boss Energy Ltd is a uranium exploration and development company with projects in South Australia.
ASX Top 10 Momentum Stocks: 26 Sept 2023 - Finer Market PointsASX:TOR FWB:RR1 ASX:OKR ASX:WC8 ASX:4DS NYSE:RDN ASX:SXG ASX:DYL ASX:BMN ASX:LDX
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Torque Metals Limited (TOR): Torque Metals Limited is a WA miner near Kalgoorlie exploring for Li Au and Ni along the south string of St Ives Gold Mine with infrastructure and processing plants nearby at Bald Hill.
Reach Resources Limited (RR1): Reach Resources Ltd is a critical mineral explorer in Western Australia focusing on REE, lithium, tantalum, rubidium caesium, and niobium.
Okapi Resources Limited (OKR): Okapi Resources Limited has North American uranium projects in Colorado and Canada's Athabasca Basin, which currently supplies about 20% of the world's uranium.
Wildcat Resources Limited (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
4Ds Memory Limited (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Limited (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Southern Cross Gold Ltd (SXG): Southern Cross Gold Ltd is a gold miner in the VIC goldfields of Sunday Creed, Redcastle, Whroo, and Mt Isa in QLD.
Deep Yellow Limited (DYL): Deep Yellow Limited is involved in uranium exploration, with projects spanning from Namibia and Africa to The Reptile, Tumas, Omahula, Yellow Dune Joint Venture, Nova Joint Venture, Mulga Rock, and Alligator River.
Bannerman Energy Ltd (BMN): Bannerman Energy Ltd is a uranium miner with the Etango project in Namibia, contributing to the global uranium supply.
Lumos Diagnostics Holdings Limited (LDX): Lumos Diagnostics Holdings Limited engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
ASX Top 10 Momentum Stocks: 15 Sept 2023 - Finer Market PointsNYSE:RDN ASX:AGE ASX:LDX ASX:SXG ASX:BMN LSE:ARV ASX:EL8 NYSE:SPR NYSE:BRX FWB:CNW
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Raiden Resources Limited (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Alligator Energy Limited (AGE): Alligator Energy Limited is an exploration company actively seeking uranium and other energy-related minerals in various locations across Australia, including Western Australia, the Northern Territory, and South Australia, for uranium and in-situ recovery (ISR) purposes. They are also exploring for nickel, cobalt, copper, gold, and platinum group elements (PGE).
Lumos Diagnostics Holdings Limited (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Southern Cross Gold Ltd (SXG): Southern Cross Gold Ltd is engaged in gold exploration and mining activities, with a focus on projects in Australia. They operate in the VIC goldfields of Sunday Creek, Redcastle, and Whroo, as well as Mt Isa in QLD.
Bannerman Energy Ltd (BMN): Bannerman Energy Ltd is an exploration and development company focused on uranium projects in Namibia.
Artemis Resources Limited (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Elevate Uranium Ltd (EL8): Elevate Uranium Ltd is a mineral exploration company with a focus on uranium and other minerals in Australia.
Spartan Resources Limited (SPR): Spartan Resources Limited, formerly known as GCY (Gascoyne Resources), is a mineral exploration and development company. They previously operated the Dalgaranga Gold Project in WA, which was placed on care and maintenance in Q4 2022, including its modern 2.5Mtpa processing plant, surface infrastructure, and resource base. As of September 2023, SPR is focusing on the Never Never discovery, located less than 1km from the processing plant.
Belararox Limited (BRX): Belararox Limited is a clean-energy-focused miner exploring for Cu, Zn, Au, Ag, Ni, Pb in NSW, WA, and Argentina.
Cirrus Networks Holdings Limited (CNW): Cirrus Networks Holdings Limited provides an independent, vendor-agnostic approach to designing, building, and managing IT infrastructure for public and private cloud and hybrid environments.
ASX Top 10 Momentum Stocks: 13 Sept 2023 - Finer Market PointsASX:4DS ASX:LLI ASX:HLA NYSE:ELS MIL:ALA ASX:IXR LSE:ARV ASX:AGE FWB:CNW ASX:BMN
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Limited (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Loyal Lithium Limited (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife, Northern Territories of Canada, through a joint venture with Patriot Battery Metals, also listed on the ASX.
Healthia Limited (HLA): Healthia Limited operates a network of health and wellness clinics across Australia, providing services such as physiotherapy, podiatry, and other allied health services.
Elsight Limited (ELS): Elsight Limited is a technology company that develops communication systems for real-time, secure data transfer in challenging environments.
Arovella Therapeutics Limited (ALA): Arovella Therapeutics Limited is a biotechnology company focused on developing innovative therapies for the treatment of cancer.
Ionic Rare Earths Limited (IXR): Ionic Rare Earths Limited is a mining company that explores and develops rare earth element projects, primarily focusing on the Makuutu Rare Earths Project in Uganda.
Artemis Resources Limited (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Alligator Energy Limited (AGE): Alligator Energy Limited is an exploration company actively seeking uranium and other energy-related minerals in various locations across Australia, including Western Australia, the Northern Territory, and South Australia, for uranium and in-situ recovery (ISR) purposes. They are also exploring for nickel, cobalt, copper, gold, and platinum group elements (PGE) in Italy.
Cirrus Networks Holdings Limited (CNW): Cirrus Networks Holdings Limited provides information technology (IT) and telecommunications solutions and services to businesses and organizations.
Bannerman Energy Ltd (BMN): Bannerman Energy Ltd is a mining company that explores and develops uranium projects, including the Etango Uranium Project in Namibia.
Bannerman Energy - 300% on the MonthlyLets look at the longer timeframe. Stoch RSI looks to turn up.
We are breaking throught the 36M SMA and 12M SMA, as it seems.
Momentum has been reset in addition.
300% sounds unrealistic? - The company was valued the same 2011, that`s why we have a confluence of resistance in this area in addition.
One of the Uranium instruments that look quite attractive at these valuations.
Bannerman 300% incoming? daily The typical Wave-2 target has been met.
We have retraced more than 0.618 and as it looks right now we could be heading for the Wave 3. The 1.618 extension would make 300%+ possible.
We have a confluence of resistance in this area in addition.
One of the Uranium instruments that look quite attractive at these valuations.
BMN breakoutBMN to break out so we can finally see the full potential of the Uranium bull market. Nice descending wedge pattern playing out so far.
Last opportunity to accumulate Bannerman?Not my idea but have to agree this is a great opportunity.
Near term catalysts:
- SPP outcome to be posted after market today (ASX), IMHO likely way oversubscribed. Investors will be scrambling to get those orders filled with their returned cash when the new share start trading on Wednesday 27thApril.
- URNM becomes Sprott Uranium Miners ETF and starts trading under their management - likely next week according to quakes99 - expecting bigger funds flow as the marketing engine revs up
- Sprott physical uranium trust taking a breather allowing spot to bring NAV back to equilibrium >$60lb is helping to give us this window of opportunity but it won't last long
- Cameco quarterly call May 5th, Grant Isaac's enthusiasm and indications of off the market contracting was a strong driver for the whole uranium sector last quarter
- Bannerman CEO out of isolation and attending in-person nuclear conferences again as of this week
- Russia Ukraine conflict intensifying in the east and south encouraging further sanctions
ASX:BMN
Bannerman to URNM ratioHistorical ratio for Bannerman to URNM. Even though Bannerman has had a great couple of weeks, it is still below the historical norm.
BNNLFThis is an OTC Uranium miner stock based out of Africa, they are lagging the big majors like CCJ &UUUU GLATF as far as most recent push off the retracement that tested 618% gold fib ratio. Looking for a wave 5 push to around .49c possible moon shot to .61c
BMN the onlhy way is up!!! Ba ba baaaby! FOr you annd me now!see the bullflags with their gradients here. The resistance lines are clear. Backtesting, and up we go again tomorrow, as long as U SPROTT keep sit together - drew tha elsewhere.
Bullflag to bullflag to bullflag. Then bounc off hot pink and spin a handle
$BMN snaking up a rising wedge.A few moves left? It's opening at the MM target again! Can only come back??
Glad to see a structure to play with now, so its tradeable in my eyes.
Maybe this? Or could shoot even further up the shoot. But there is an apex there. WHether it explodes higher or what.. we have a scaffold to guide us.
BMN - Slowing momentum on weeklyAlthough I am long term bullish on this stock, the weekly chart there seems to be some signs of weakness in momentum.
Peaks are showing spinning top candles while RSI is making lower highs and lower lows; if we have a similar pullback to the previous two peaks, we may come back into a high supply zone around 0.150$ - 0.160$, which would create a new 'higher low'.
This may be the last point of supply before this moves very quickly upwards.
BNNLFBought back into BNNLF going to target wave 3 projection .30c or the fib extension 1.618 level.
ASX - BMN Bannerman Resources hitting 52 week highsPosition taken
52W High
Bollinger upper band breakout after some consolidation
Rel Volume 1.79
RSI 60-70
Higher Lows
OBV rising positive
Very tight stop, 1ATR.
Portfolio risk 0.5%
Just for fun!
Bannerman Resources Ltd. engages in exploration and operation of uranium mining projects. Its portfolio includes the Etango Uranium project. The company was founded on February 18, 2005 and is headquartered in Perth, Australia.
www.bannermanresources.com.au
