PEN 3.64% 5.7¢ peninsula energy limited

Cough cough, excuse me VI, PEN has no operating data for the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,983 Posts.
    lightbulb Created with Sketch. 356
    Cough cough, excuse me VI, PEN has no operating data for the acid scenario. Their prediction of performance, which requires a long term capital of nearly $500M, is informed by 8 leach tests. That's 1 leach test for every 7M lbs of in-situ resource - good luck with selling that to potential financiers. So potentially (probably in my opinion), the new assumptions and financial metrics are as pie in the sky as those cobbled together by Gus and his management team for Lance Take 1. Why would you assume the new metrics to be more conservative? What basis do you heave for saying this? Do you have the detailed study information to support this wild assumption? Or is out just wishful thinking. All good questions for you to ask Wayne.

    Why the sudden desire to trash Gus and his efforts by the way? Not so long ago he was the visionary, the messiah, the uranium guru "with no equal".

    A previous poster asked if I had 'serious money' invested. I gave him the choice to decide for himself whether this was serious money or mere pennies. Your assessment is not important.
    Last edited by You3OAte: 18/09/18
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
0.002(3.64%)
Mkt cap ! $274.0M
Open High Low Value Volume
5.7¢ 5.9¢ 5.5¢ $1.879M 33.05M

Buyers (Bids)

No. Vol. Price($)
3 230880 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 277792 3
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.