PEN 4.55% 11.5¢ peninsula energy limited

right hq, where are the resource upgrades, page-84

  1. 276 Posts.
    Wow Vintage you really cut into it there...

    Am I right in understanding you figures correctly 30/50 cents by the end of this year. That is 30c - 50c?

    Seems a tad bold, given that optimistic brokers only go so far as a SP of 7.5c within 12 months on a valuation of 11.8c.

    That SP may be reached but I would be thinking not for another 4-6 years once the Karoo project has been more fully developed
 
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