PEN 4.76% 10.0¢ peninsula energy limited

Rick Rule Ramp, page-16

  1. 1,939 Posts.
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    "That being, a significant production outage that went unreported. If it's so trivial, what's the harm in reporting it?"

    Wow. U308, I'll speak to Gus and have him send you a pigeon each time he farts.

    "Lost production is lost revenue, period. You don't get that time back. Would you make the same comment if the outage was for a month? Would you not prefer to have the additional 3000 pounds?"

    Ramp up issues happen. 3000lbs in the scheme of things is NOT a 'significant outage' IMO. I guess you could think about it this way... the 3000lbs we didn't mine whilst the outage occurred are still in the ground to sell at (much higher) future prices - whilst we plugged the 3000lb shortage on the spot market at lower than current production cost...

    Rose coloured/tinted glasses maybe... whatever you used to call them.....
 
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