PEN 4.55% 11.5¢ peninsula energy limited

positive signs of things to come , page-17

  1. 692 Posts.
    lightbulb Created with Sketch. 3
    yeah trees, that was interesting. just shows that even the pdns of this sector have feet of clay if the the recovery costs are too high. it looks like they are banking on economies of scale ie increased output to close the gap over the next couple of years,and given the inexorable upcreep that demand will surely engender, they may turn some green ink soon enough.
    BUT...isnt it soooooo nice that the PEN cost per lb are sooooo LOW- viable from the start
    cheers
    eck
 
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