For all those who did not attend PEN's investor lunch in Melbourne it was stated in the public domain that PEN has forward bought Uranium at current forward curve prices over the next 2 years. This means their margins are not at risk. It was also stated that they did this prior to the recent spike. So good news....
When in doubt call the company they are not hiding anything.
Cashflow positive U308 producer, page-33
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Last
$1.08 |
Change
-0.015(1.37%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.12 | $1.08 | $237.1K | 216.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18320 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 4076 | 3 |
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| Last trade - 12.28pm 04/12/2024 (20 minute delay) ? |
| PEN (ASX) Chart |
