PEN 0.00% 8.5¢ peninsula energy limited

Yes, the uranium market is bad but remember gold's turn?, page-36

  1. 56,588 Posts.
    lightbulb Created with Sketch. 260
    You may find yourself in real trouble within a year Gav.

    Oil & Gas, together with wind power, is too cheap in comparison.

    Cameco is now at decade plus lows.

    PEN cannot compete and when the contracts are complete, PEN may well be mothballed IMO.

    As a commodity, uranium is now old fodder.

    I believe 40 - 45c market cap is about right atm - should be lower, but such are the markets.

    GL to you.
    Last edited by fluffynymph: 15/09/16
 
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