An ex holders opinion, page-6

Please sell all you do not want I have applied for a significant number of excess shares relative to my allocation and really hope my order is filled.

I am not in the slightest bit concerned with the outlook for PEN and confident my patience will be rewarded.

This was aboslutely the right move by Wayne in a volatile market and to have zero debt as this bull run is in its infancy will be extremely positive IMO.

I do not believe many are in doubt that the Uranium and spot market has to rise at some point, with the supply market now severly in deficit and demand increasing prices have to rise. If they don't no mines under care and maintenance will re-start. the lights really could go out!!!! Even when they do restart there is a significant supply shortfall and new mines will have to emerge, but only if the incentive price is right!

I have no idea when this market will really really move, it could be within 6 months, 12 months or 2 years but economics will drive this market and prices.