PEN peninsula energy limited

Ann: Update on Central Processing Plant Commissioning, page-343

  1. 4,233 Posts.
    lightbulb Created with Sketch. 1233
    Agreed. Delayed production with committed deliveries can lead to a liquidity crunch for PEN when they have to purchase from the spot market to meet commitments, depending on their implementation status at the time. They may be able to raise finance to cover this but we are unable to determine the current situation.
    As is normally the case, uncertainty like this gives the market the jitters and it stops buying the stock. The longer until an update on progress is given with some indication of contract delivery dates, then the worse the SP will become.


    Last edited by jogo: 17/03/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
62.0¢
Change
0.000(0.00%)
Mkt cap ! $99.19M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.