BANNERMAN ENERGY | APRIL 2025
Strategy
STRONG TEAM
STRATEGY
utilities – it was valuable for all our management team to gain insight into
the different departments, their challenges, their expertise and the risks they
identify. As we all have our unique areas of expertise, it is vital to share our
knowledge with fellow team members to ensure we mitigate any risks.” It
was the first time that all executive members could meet since the formation
of the Exco team in March 2024, and the first time since then that all have
been in the same room to talk about the future of the company.
“This year we also welcomed Matt Horgan, Vice President: Corporate
Development, into the Exco team. So, with all of Exco present, we were able
to have a focused discussion on the challenges, wins and losses of last year
and re-focus on the plans for 2025,” says Gavin.
“This year we will face many challenges but by focusing on options this early
in the year I believe the team is well placed to make a success of the year
ahead.”
ow do you become the world’s preferred provider of ethically sourced
raw materials for clean energy? First you source the deposit, then you
build the team with a “can-do” attitude.
Twenty years ago Bannerman Energy first pegged the Etango uranium
deposit; today it is building the team.
On 25 February the executive team gathered in Perth, Australia, not only to
align on the vision, purpose and mission of the company and the strategic
goals for the year ahead, but also to welcome two new board members on
this journey (see box alongside). “With a team that is spread across four
countries and three continents, it is so important to have in-person time to
connect on multiple levels,” says Gavin Chamberlain, CEO.
“With many important workstreams taking place – from construction works
on-site at Etango, to financing of the project and sales contracts with
DRIVES ROBUST
BANNERMAN ENERGY IN A NUTSHELL
WELCOME TO OUR NEW BOARD MEMBERS
Strategy
ruce is a mining engineer with over 40 years of mining and process
experience in gold, copper, iron ore, diamonds, nickel, cobalt; mineral
sands, rare earths and mining services. His career includes 30 years’
exposure to all levels of construction and operations, ranging in size from
BHP and Rio Tinto to junior development companies.
Bruce’s executive management roles have included 15 years as CEO of
companies constructing and operating mines in Australia and Africa. He
is currently Non-Executive Chairman of Aquirian Limited (Chair) and Non-
Executive Director of Argosy Limited.
Bruce has a Graduate Diploma in Mining from Curtin University and is a
Fellow of AusIMM.
“Bruce’s extensive experience will be highly valuable as we advance
our flagship Etango Uranium Project into development and commercial
production …as we seek to capture the full technical and commercial
potential that the world-class Etango deposit offers.”
- Brandon Munro, Executive Chairman
elicity is a proven senior finance executive with over 20 years’ experience
in senior finance and management roles within multinational and ASX-
listed organisations.
She is currently Executive Director and Group Chief Financial Officer of
Lithium and Geothermal Energy developer, Vulcan Energy Resources
(ASX:VUL). Previously, she held the roles of Chief Financial Officer and
Global Head of Commercial at Fortescue Future Industries, a subsidiary of
Fortescue (ASX:FMG).
Her expertise includes strategic and financial analysis, debt funding,
corporate finance, mergers and acquisitions and sustainability reporting.
She has deep experience across a range of key industry sectors, notably
green energy, mining, infrastructure, consumer goods, agriculture and
philanthropy. Felicity holds a B.Comm from the University of Western
Australia and a Graduate Diploma from the Institute of Chartered
Accountants. She is also a graduate of the Australian Institute of Company
Directors and has been awarded a fellowship of the Institute of Chartered
Accountants.
“Felicity’s deep experience in green energy funding provides valuable
expertise to Bannerman’s immediate and long-term strategy. Her exceptional
calibre complements the strength and depth of our Board as we advance
Etango.” - Brandon Munro, Executive Chairman
Bruce McFadzean – Non-Executive Director
Felicity Gooding – Non-Executive Director
To be a profitable and
reliable supplier of raw
materials for clean energy.
Engage the right people
to develop and operate
the Etango Uranium Mine
responsibly and profitably
through the entire life
cycle of the mine.
Built on a “can-do”
attitude, facing
challenges responsibly,
valuing all perspectives
and acting honestly and
ethically in all we do.
Proactive
Reliable
Respectful
Integrity
Diverse Thinking
01
02
03
04
OUR PURPOSE
OUR MISSION
OUR CULTURE
OUR VALUES