buc, I see that you have the ability to do some research without anyone holding your hand.
If you scrolled a page or 2 from the 14th page of their Mines and Money presentation in London where you pulled your info you would have found this:
Lance cashflow positive from Q4 2015
'nuff said IMO but I will offer the disclaimer that that is of course dependent on SEIS and SML being achieved in the current forecast times, construction going well etc.
some interesting observations, page-13
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $286.0K | 2.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 81 | 8753070 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3414062 | 21 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |