Ann: Update on Central Processing Plant Commissioning, page-266

Not sure I understand what you're saying..

Let's not mix pre-consolidation and post-consolidation prices

You're saying it was "5c per share only 2 months ago" (pre-consolidation price)... but nobody will take it over for $2 (post-consolidation price)

It's $1.11 right now..

If uranium price is going higher in the months and years ahead (which I think it will), $2 is a bargain (IMO)

PEN is one of only 8-9 uranium producers worldwide.. it's not like there's 50 uranium producers and no supply deficit

Also keep in mind, PEN market cap is currently $176M

Their cash and uranium mine, and current infrastructure (processing plant, etc).. you can't even construct and build all that for $176M today even IF you had the money


All IMO.. DYOR

(I'm bullish PEN, please correct me if anything I say is false or incorrect)