PEN

3.64%

5.7¢ peninsula energy limited

You3, U say U do this for a living. Why, specifically, have you...

First 50 Last

Share
Profile

Follow
hmmmmmmm

175 Posts.

2

03/08/18

17:33

Post #: 34713482
Share

Originally posted by You3OAte ↑

With all due respect VI123, you are not qualified to answer. I have no intention in getting into a shouting match with someone who's knowledge base is founded on blind acceptance of company supplied marketing material and a spot of Wikipedia metallurgy research. I do this for a living.

"It is a well-known fact that acid is a better solution for Uranium ISR mining then Alkaline. Acid is more corrosive!" Ignorant statement and further evidence of your lay understanding of uranium processing - every US operation from the start of ISR processing in the 1970's disagrees with that statement. Read the history of ISR in the USA and maybe then you'll understand the decision to proceed down the alkaline leaching route. You might come across a few articles from a certain Ralph Knode (familiar to you?) who was part of the development of alkaline processing chemistry in the early years - there's a lot of logical discussion of why acid processing was not developed. Read some of these paper mate. You'll find that lixiviant selection is a critical decision and entirely ore specific. One size does not fit all.

"The plant does work, in fact produces Uranium." Semantics VI123. Lance produces uranium at an average of 22.5% of nameplate capacity. That is an abject failure mate and you know it. Of course that's why PEN is bleeding cash and not making profit and not providing shareholder return.

The uranium bear market has never been a pillar of my criticism of PEN, my argument has been on technical issues . Straw man.

I honestly cannot identify one announcement/outcome since production began at Lance to write home about. Ok, maybe one - the decision to sell Karoo was a good one (no buyer though). I'm not going to fabricate positive stuff - what purpose does that serve? I'll acknowledge the good stuff as and when it arrives.

Expand

You3,

U say U do this for a living.

Why, specifically, have you chosen to, how shall I put it - pick on PEN?

I mean out of all the resource stocks you could choose, why PEN?

Not knockin' you but do you have HFA/Aspergers?

My son does and he's currently obsessed with Pokemon and football.

Just trying to understand your motivations...

PEN Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 65 more messages in this thread...

First 50 Last

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

No.	Vol.	Price($)
3	229333	0.300
1	40000	0.295
3	38000	0.290
1	27500	0.280
3	229917	0.270

Price($)	Vol.	No.
0.315	26353	3
0.320	57453	5
0.325	63915	4
0.330	81655	5
0.335	22000	2

Last trade - 16.10pm 22/11/2024 (20 minute delay)

PEN (ASX) Chart

Day chart unavailable

You3, U say U do this for a living. Why, specifically, have you...

Top Stories

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Buyers (Bids)

Sellers (Offers)