{"id":4096,"date":"2024-03-18T13:12:43","date_gmt":"2024-03-18T05:12:43","guid":{"rendered":"https:\/\/bannermanenergy.com\/?p=4096"},"modified":"2024-04-10T13:15:27","modified_gmt":"2024-04-10T05:15:27","slug":"etango-xp-and-etango-xt-scoping-study","status":"publish","type":"post","link":"https:\/\/bannermanenergy.com\/etango-xp-and-etango-xt-scoping-study\/","title":{"rendered":"Etango-XP and Etango-XT Scoping Study"},"content":{"rendered":"\t\t
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Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF) is pleased to advise<\/a> of the completion of a Scoping Study evaluating future higher throughput and operating life cases for its flagship Etango Uranium Project (Etango) in Namibia. Two future phase options have been evaluated: a post ramp-up expansion in throughput capacity to 16 Mtpa (Etango-XP) or an extension of operating life to 27 years (Etango-XT).<\/p>

Bannerman remains focused on advancing Front End Engineering and Design (FEED), offtake marketing and strategic financing workstreams on its base case 8 Mtpa Etango development (Etango-8), which was the subject of a Definitive Feasibility Study (DFS) (refer Bannerman ASX release dated 6 December 2022, Etango-8 Definitive Feasibility Study).<\/p>

Bannerman remains fully committed to the timely development of Etango-8, which is a highly attractive standalone project. The Scoping Study evaluation of the Etango-XP and Etango-XT cases has been undertaken to demonstrate the potential technical and economic viability of subsequent expansion and\/or life extension options for Etango, post successful construction and ramp-up of Etango-8.<\/p>

KEY OUTCOMES<\/h5>