PEN 3.64% 5.7¢ peninsula energy limited

Anyone just looking at cost line items allocated exclusively to...

  1. 2,983 Posts.
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    Anyone just looking at cost line items allocated exclusively to Strata Energy is not getting the full picture. PEN has a big (crippling?) HQ/Admin cost that prevents it from turning profit. Total company cost is what drives SP performance, not production cost at a single operating facility.


    In my view, there is better value out there. PDN? Sure. DYL looking solid. Perhaps a punt on VMY at the right entry price. What's common about all three of these? BOE may have some upside but for me, has the same technical risks as PEN. My opinions only jarg. 

 
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