PEN 1.09% 9.3¢ peninsula energy limited

Entitlements, page-29

  1. 1,153 Posts.
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    Here is an upramp for you

    I am happy to buy a small portion in a business valued at around 60-70 mil post raise, that spent hundreds of millions (at the expense of earlier investors) to built/approve a ready-to-operate Uranium mine, economically viable if U price moves even modestly higher.

    It may not happen, but if it does (here you need to have a view on U and energy picture in the future), re-rating by multiples is inevitable.
 
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