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Bannerman ends June quarter with N$620m cash balance

CHAMWE KAIRA Bannerman Energy ended the quarter to 30 June 2026 with cash and cash equivalents of A$53.1 million (N$620 million) providing the company with an estimated 8.1 quarters of funding as it continues advancing the Etango Uranium Project in Namibia. The company’s quarterly cash flow report, released on Monday, shows cash and cash equivalents […]

Windhoek Observer29 Jul 2026, 04:12 am
Bannerman ends June quarter with N$620m cash balance

CHAMWE KAIRA

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Bannerman Energy ended the quarter to 30 June 2026 with cash and cash equivalents of A$53.1 million (N$620 million) providing the company with an estimated 8.1 quarters of funding as it continues advancing the Etango Uranium Project in Namibia.

The company’s quarterly cash flow report, released on Monday, shows cash and cash equivalents declined from A$69.9 million at the beginning of the quarter to A$53.1 million at the end of June, reflecting ongoing investment in project development.

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Originally published by Windhoek Observer on 29 Jul 2026, 04:12 am. View original article
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