PEN 9.04% 8.6¢ peninsula energy limited

pala-blackrock: what price a takeover?, page-17

  1. 1,418 Posts.
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    I agree carnage, people are on the sidelines.

    Last presentation suggests PEN is looking for $100M in debt financing; $22M of which has just come available with Blackrock notes.

    Still another $80M odd to come.

    The announcements that will fire the SP are going to be SML issue and funding done.

    SML will be in March 2014. I expect funding to be known before then, and I'm hoping prior to end of 2013.

    Would be nice to see the SP testing the supply at 5c by Christmas.....
 
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