Ann: Consolidation/Split - PEN, page-289

For me Trump winning the election was a very big negative sign for Uranium spot price. The second biggest sign is Peter Dutton losing the next election to Albo. I expect that to happen. If that does happen I don't expect U spot price to turn bullish for years and PEN will be put on a care and maintenance program while waiting for prices to improve. This will require capital raisings and the share orice will dwindle back down to 15c over the long term.