PEN 5.00% 10.5¢ peninsula energy limited

revised exploration target sizes at lance proj, page-28

  1. 63 Posts.
    NKLEX,
    May have been the one sector hit the hardest, but it will come back and going on international reports, it will come back in a huge way.
    Oil & Coal cannot sustain the worlds needs for clean efficient power generation.
    Something governments around Australia will have to contend with.
    However as you & Mick have pointed out, while the all markets are in the grip of fear, we are going to have to sit it out.
    It's just frustrating that Australian investors haven't realised yet that we are not reliant on the USA or their dollar anymore and the $AUS should be measured against the Euro and our markets more aligned with Asia.
    By the way PEN may be bigger than PDN if Karoo & Sth Aust comes to managements expectations. The problem PEN will have is financing to production in a tight market.
    Our time will come through patience.
    cheers
    Egap
 
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