PEN 3.64% 5.7¢ peninsula energy limited

Ann: Permit to Mine Amendment for low pH mining approved, page-49

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  1. 2,983 Posts.
    lightbulb Created with Sketch. 356
    Nice deflection with the gobbledigook post. Since start up, PEN is down 70% or so. The reason is because they failed to deliver. No other excuse is justified. I'm seeing plenty of flags to suggest this is unlikely to change. Just like the first round of Lance, there will be a few pumps and back slaps. But the reality of making lbs will soon set in. My prediction is, acid production will be greater than alkaline production, but it will be materially below nameplate/promise.

    If your technical knowledge is strong enough to ignore my commentary, then go for it. If not, then try and understand a bit before you dismiss.

 
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