No sign of any news yet but the anticipation seems to be building.
I think a lot of people are downplaying the significance of the SML - sure it's been "known" to be coming for a long time but it also marks the completion of all permitting - a little over 3 years from Application to Completion - it's been quite a ride.
Now we are at the beginning of the next chapter for PEN as they will now be an advanced explorer with all permits in place, with construction (subject to funding) being the next step towards production.
Sure a few risks and potential delays may still occur, but value HAS been added to the Company by achieving the above, a feat that very few "penny dreadfuls" accomplish.
PEN Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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