PEN 9.88% 8.9¢ peninsula energy limited

nine cents today, page-86

  1. 6,029 Posts.
    Its a toughy Trees

    RCR sensitised at 80c, so it will hurt production income and P/E, however development costs will benefit by say 35%

    Since near term is expense rather than income we will benefit

    All going well the Aussie will settle prior to us going into production
 
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