PEN 0.00% 9.4¢ peninsula energy limited

PEN gets a mention in Far East Capital News !, page-5

  1. 3,611 Posts.
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    What a great Uranium mining boom can do.

    If anyone can remember Extract (EXT) in Namibia where the SP hung around 8 to 13c from memory, did a 10:1
    consolidation and my 700k shares became 70k.

    RIO bought in about $1.00(10c pre) and yes i got fed up and sold them for about $1.10 and these went on to be
    $10.00......WOW did i sell too early and obviously i have not forgotten

    We all have those stories,..... PENINSULA MINERALS was once $7.00, well not really.... it did reach a high i think of
    17.5 cents before the Japanese(cannot recall the cities name) disaster and with our 40:1 consolidation some time
    back, that was the equivalent of $7.00.

    If anybody knew the MC then to now, it would be a good comparison.....i am sure we have at least quadrupuled
    our MC with the issue of new shares overtime, so i am not sure how to calculate what potential we could have now
    to then when a boom was in play.....but 30/40/50c is most achievable surely and it could happen in 2021.
 
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