PEN 3.64% 5.7¢ peninsula energy limited

Targey price Revision HC Wainright & Co, page-44

  1. 2,983 Posts.
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    This is the same super efficient company (according to his marketing blurb) that had so much trouble competing on the open market, they had to create a bogus "national security" issue to catalyse a uranium protectionism racket by the US government. The US producers are small fry. They contribute SFA. No one cares about them. S232 will come, and it will go. And it will have zero effect on PEN.

    Long term production is what matters. The jury is still out and will be for many months. I look forward to the recovery results of the FLT. Mid to end May is my guess for release of stabilised FLT results. Ignore the early results, they mean nothing. Like the early results of commerical production, they were all "beyond expectation". Then expectation got up and said "I'll show you". The rest is history.
 
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