PEN peninsula energy limited
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Ann: Lance Production to Restart in 2024 under Revised LOM Plan, page-8

  1. stonkstrader
    274 Posts.
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    31/08/23
    09:28
    Post #: 69653718
    $42.xx USD /lb

    So reading all that fluff, looks like they will need to come up with ~$90m USD through either debt or equity (lets face it, will be equity) between now and the end of 2024? Maybe I misread that. If I did not misread that, is that even possible for a company with a market cap of $150m AUD (whats that, less than $100m USD?)?
    PEN Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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