PEN 2.50% 10.3¢ peninsula energy limited

permit to mine and dfs, page-31

  1. 8,838 Posts.
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    From HS:

    "IMO no shame at all in this case, and I would bet it has more to do with funding than permitting.

    Feeding out ann after ann may have been great for ST traders but it has done little for the stability of PEN's sp."

    Simple reality is that in the last 4 months or so we should have (i.e. PEN's own timeline):

    1. DFS
    2. Strategic partner
    3. initial Karoo resource
    4. (hazy memory) updated/increased resource in Wyoming
    5. other stuff....

    Very very sloppy PR management imo.

    I still like the projects, but....

    Personally, I think GS got over confident (dare I say it, cocky?).....imo.
 
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