PEN 4.76% 11.0¢ peninsula energy limited

[ATTACH] I took the corporate other to be the 110,000lbs. Either...

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    I took the corporate other to be the 110,000lbs.

    Either way, it's the same problem with small oilers where, due to POO, their curtailed sales devastate the P&L whilst corporate costs remain disproportionately high.

    PEN seem to have a good handle on maintaining the right balance whilst on IOS, and will be jumping out of the starting gate when uranium pricing improves; the ISR model provides very scalable production with little extra cost.

    Then there will be Karoo ... just got to learn the PDN lessons beforehand
 
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