Ann: Suspension Extension, page-62

Agree. Lots of positives in the R&R report, and very surprised it took this long for someone to mention the high price target. There's more to the PEN story than just US peer comparison so not sure why it's such a sore spot. Opportunity to bring positives to the fore missed today IMO.

Not aware of R&R lowering their price target to $1.60 but Dundee arrived at $1.80 a month or so later. Different valuation methodology but also would have had a lower spot price to factor into their risk model.

I know the u3o8 bulls think the spot price is a meaningless anomaly right now, but no one knows the future with 100% certainty so a 20% drop should show up in valuation models.

I reiterate my expectation that the shares could trade in the $1.60 - $2.00 range this year.