PEN 3.64% 5.7¢ peninsula energy limited

Targey price Revision HC Wainright & Co, page-103

  1. 2,983 Posts.
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    Yep phish, ok December quarter. Pity it was the only +ve quarter for CY18.

    My rough calcs suggest a -ve $8.23M cash flow for CY18.

    Since Lance started up (circa first quarter CY16) cumulative cash flow is at -ve $37.5M.

    Since new management came in, -ve $10.6M. Not ideal for a great management team. 
 
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