PEN 4.76% 10.0¢ peninsula energy limited

Ann: Peninsula Strengthens Sales Contract Portfolio, page-2

  1. 3,284 Posts.
    lightbulb Created with Sketch. 664
    Nice announcement!

    Just this contract alone.. $88M to $117M USD over the term starting 2028

    That's $135M to $180M in AUD

    I bet a lot of ASX uranium companies would love that sort of revenue (or even any revenue!)

    Expecting more contracts to be signed in coming months/years

    Still think this is undervalued at $232M market cap considering PDN is $3.7B and BOE is $2B.. (not saying PEN should be the same, but market cap difference should be closer than it is)
 
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