PEN 5.00% 10.5¢ peninsula energy limited

Reverse Stock Split (Will it help?), page-31

  1. 2,784 Posts.
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    The uranium bear market took all miners scalps most disappeared the survivors had a very hard slog
    Trying to keep the lights on a product that dropped in price that no one wanted and cost more to get out of the ground
    some looked at other avenues
    if u did not get out it was painfully brutal for years and there was many false starts in that time
    the majors selling at a loss for years to move the product cameco and bhp kazatomprom which flooded the spot
    which went as low as $16lb even the commodity traders found it hard

    the uranium space was dead globally in Australia the rockstar Paladin’s his real achievements as a producer making money a $5b market cap at peak with a lot of dept share holders holding before reconstruction in 2018
    Had there holdings disappear to the tune of 98%
    so any holders still holding without adding ..there share or shares from there initial investment pre 2018
    are 98% down from Paladins current price
    every holder on any uranium survivor which most have consolidated without adding is still in the red
    will you get in the black one day who knows ?

    but I do know the previous boom there is no comparison to this uranium boom
    is not going to be a cycle that comes and goes
    this is setting up for a permanent stay reactor avalanche carbon zero physical investment
    east and west separating supply shortage security of supply etc it goes on prices will still go up or down …


    that’s why imo extract holders where winners last cycle 20c to over $8 thank you
    u where forced out even if you wanted to stay took the money and run
    as it started to collapse

    the best of luck to all holders

    all imo

    .

 
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