PEN peninsula energy limited

value comparison, page-21

  1. 1,069 Posts.
    gazza my understanding is there's no intention (or point for that matter) in drilling the entire project up front. Once the resource size is sufficient to prove the economics of Lance and have 10 years of production defined and ready for extraction, drilling will take place as needed to ensure future supply. There's not much point in burning up 50 or 100 million dollars in an almighty rush to expand the resource when it won't be ready for mining for another 20 or 30 years.

 
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(20min delay)
Last
37.5¢
Change
0.050(15.4%)
Mkt cap ! $141.8M
Open High Low Value Volume
33.0¢ 42.5¢ 33.0¢ $5.868M 15.93M

Buyers (Bids)

No. Vol. Price($)
7 109983 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 10101 1
View Market Depth
Last trade - 16.20pm 18/09/2025 (20 minute delay) ?
PEN (ASX) Chart
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