a little premature, page-39

Yes I do remember AEX and the much touted WMT, that literally rocketed on the back of nothing more than rock chip samples.

I also consistently stated PEN's advantage with what would prove very low Opex and Capex. Due to the intrinsic value of ISR (once I learnt what it was) and to state the obvious the fact that all infrastructure was already in place. Infrastructure others would have to include in project Capex.

Unless australia changes its archaic stance on uranium mining we may very well see some others fade away. Or at minimum shelved indefinitely.

One thing I don't have to do anymore is to convince my wife. She would draw and quarter me if I now sold PEN, despite the now massive profits we are sitting on. Why leave the building as it is just being fitted out ready for opening... She also aided me in convincing my son to invest in PEN, first a little then I convinced him to take up the last two raisings.

Yes there are some here that rue the day they ever bought PEN and blame me for it. The ones close to me do nothing but thank me for their now very profitable positions. Notable the only one I ever openly recommended (encouraged even) to buy PEN is my son. Some are already planning exit strategies, I continue to accumulate.

It has certainly been a tumultuous and volatile and now very rewarding journey. The best is yet to come as far as I am concerned.