PEN peninsula energy limited

Ann: Lance Production to Restart in 2024 under Revised LOM Plan, page-109

  1. 1,156 Posts.
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    They are 'known knowns' to investors with the other companies and part of the normal trajectory of an explorer going to a developer to a producer so an investor can factor that into their assessment and relative SP value. PEN was meant to be producing mid-year and now has gone backwards along the timeframe with the left-field blindside from UEC. So now a long delay to production and finance overhangs - so much uncertainty here and that will likely keep the SP suppressed relative to the rising tide of the whole sector until the market has confidence in mangement being able to execute and the CR is behind them.
    Last edited by Fernit: 05/09/23
 
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