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9.88% 8.9¢ peninsula energy limited

Ann: Peninsula First Uranium Delivery, page-14

  1. jzm
    732 Posts.
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    05/01/16
    13:27
    Post #: 16730864
    http://www.*.com.au/companies/news/...nium-delivery-in-industry-landmark-66431.html

    We are definitely in the money even in the current U environment.

    "Peninsula has 1.9 million pounds of U3O8 contracted to utilities at a weighted average price approaching US$60 per pound, which is well above the current spot price (US$34.50 per pound).

    This is estimated to represent about 40% of Lance’s stage-1 production per annum."
    PEN Price at posting: $1.10 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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