PEN 0.00% 10.0¢ peninsula energy limited

SPOT PRICE, page-91

  1. 9,478 Posts.
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    Doubt it watermelon,.. Just change my sentiment to sell as i think the sector in for a pull back..

    tutes,....Wayne been very selective with his words,.. What does WORK mean, that is still unknown,.. He also said PEN has been in production! but failed to say PEN had to abandoned Alkaline production because of its poor performance and didn't WORK satisfactory.
    Also that PEN could get into production in 6 months if the price was right,.. technically yes but realistically NO or he would of done the same gamble as GUS without the full FT results with Low -pH..
    And then the comments before CR,. those who watch his interviews before the CR would know what im saying...

    And yes do feel Wayne was shopping PEN around with his last 3 interviews, while there still a little bit of contracts left to pass on to the next fella, As this team has chewed through the best parts of it and before the real economics numbers going into production.... Lance has always been problematic to mine because of the high gypsum host ore...
 
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