Morning all. Happy Friday!
PEN seems to be gathering a little momentum over the last few days, with some good announcements (the 4m lb EU Utility contract followed by the 'umbrella' announcement on how we're positioned for funding/growth).
I'm hoping Gus reverts to his 'Friday Specials' as I used to refer to them - and lay a lovely Friday announcement on us. Should keep the momentum going.... Maybe something regarding production, funding or even Karoo...??
And just for a bit of fun, I'm going to make some outlandish claims (as seems to be the norm on this thread) - let's see how we go:
The spot price (Disclaimer: not that spot has any impact on PEN's bottom line, just overall industry sentiment) that we saw last Friday ($28.50) will be the bottom.
PEN will push through $1.00 within the next week and never see sub $1.00 again.
Worth noting that I have absolutely no credible track record when it comes to predictions, but even Nostradamus started somewhere...
Also worth noting that I thought I was wrong once, but it turns out, I was just mistaken.
Good luck everyone (and all long termers in particular)....
frogga
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