Yes I did, I don't post as much anymore, but I have posted on what I believe will happen next fundamentally. I have also posted many times about the capping that has been going on, interestingly some who stated I was wrong about this are now posting the same. It is undeniably going on and I don't care what anyone states.
My reference there though is intertwining both what I now believe to be an inevitable fundamental outcome with classic PEN (sp) action of old.
Anyone on PEN on the last run up to 11c would remember PEN going up and down like a yo yo with rather large swings in the sp. It didn't hold then as last time fundamentally it obviuos became unstainable. Not so this time around.
This time the "twist" I believe will occur is that PEN will come out with the jorc announcement along with my long held belief they would get an exemption for early consruction. In particular the DWDW permit, and this time around they have the funds to do something about it if it does.
When the above occurs, the addition to the twist is that IMO the sp will go over 11 and remain there. At where I don't know, but the clever ones taking the risk of selling wanting to buy back in much lower will be disappointed IMO.
This is the "twist" I refer to as PEN didn't have the above last time around. This time around we have reality about to occur, it is all a matter of when and when it does I am in no doubt at all the sp will rebound in a blink of an eye.
Mikey26, I spoke to him a few days ago on an unrelated work matter. I just took the opportunity to ask him if the drilling for the last jorc calc update was complete.
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