PEN 1.37% $1.08 peninsula energy limited

Guys - why put posters on ignore . They are very valuable...

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  1. 15,774 Posts.
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    Guys - why put posters on ignore . They are very valuable contributors to a debate. ML - you were one of the posters who highlighted the negatives of BTA - because of you and some of my own concerns about management I sold when it spiked in the US to mid 5s to 6. Not only mine but my business partners -I not only made a profit but avoided what would now have been a 250k loss if I was still holding . Similarly a poster named “corporate” provided me with some insight into Try when it was over 3 dollars , I thought about it and thought he may be right - sold a couple of days after at break even a another loss avoided as it now trades at 9c . The same with NMS , a poster questioned the underwater drilling technology , saying it had problems. everyone attacked him , I too was at times annoyed, I called an; questioned the MD , he minced his words - I sold - a year later they had fallen 90% . My point is I think I do my research , but sometimes we miss things or don’t understand the risks . I think You30s post have been good and the hedging of Uranium sales is only beneficial if you can operate at a production level and cost that creates a solid margin after all costs including corporate costs are accounted for. If you30 is wrong - the stock will do well and his views should not concern you - if he is bothersome you must ask yourself why . I have been the recipient of the benefits on listening to the negative poster on a forum, and at times I have helped others avoid big losses by being that negative poster myself . People who have the same opinion as you ultimately don’t add that much value over the long term . I can’t say I am across PEN in detail to add a lot of value but at a glance production issues has resulted in significant cash burn and dilution is a killer of companies more than many realise as they dilute the value of every single production / development and exploration assset a company holds. The questions are will PEN need more money before they operate profitably and if so how much and when . Needing funds when SP is low can be very destructive
 
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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
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