PEN 4.76% 11.0¢ peninsula energy limited

looking strong, page-8

  1. 5,166 Posts.
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    Yea all of the above - if I had to take a guess, I’d say that the reason for the strength currently could only mean the following;
    The placement was 100% totally necessary as to obtaining finance for there forthcoming announcement in relation to Uranium.

    Assuming that they now have the funds to initiate the commencement of not only mining Uranium but also selling it, than that makes PEN probably the next big Uranium Company in Aussie.

    This is potentially huge, it’s still unknown as to the full details of the amount of U, but they seem to have an open book for licenses and SA, which in retrospect could mean that there bigger than any other player?

    All hearsay I know, but at 6c, IMO this would have to be on your share portfolio.

    The bravehearted shall reap there rewards.
 
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