PEN peninsula energy limited

some company value calculations, page-56

  1. 489 Posts.
    you're not wrong flyboy.. As i stated my calculations used bearish scenarios and was intended to outline to project potential in worst-case production scenarios, not favourable ones.

    Just IMO, there is more credibility in outlining shareprices based on less than favourable results rather than outlining shareprices highly favourable conditions.

    Whether its using C1 costs of $19/lb, C3 costs of $30/lb or highly inprobable costs of $37 a pound, whether each or none of the scenarios are more likely, each scenario shows strong profitability based on $50/lb for 1.5mlbs production over 13 years and stable returns on current recoverable resources, all for just one project.

    We are arguing the same point
 
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