PEN peninsula energy limited

pen target price 2 cents, page-5

  1. 7,245 Posts.
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    This has got to be the most blatant and amateurish downramping I've seen all week.
    This troll mentions that the plant is already built but say there are no positives LOL
    Clearly they don't know about the already purchased U that PEN is on selling to generate income of millions of dollars this year.

    So a company with;
    - Cash flow (enough to keep the lights on indefinitely)
    - Already sunk CAPEX
    - Experienced management team
    - Contracts to 2030
    - Exposure to US DOE uranium stockpile contracts (the ONLY ASX listed co with this potential)
    - 6 month lead time to production for only $5-6m restart costs
    - Scalability to respond to increasing U price when it comes

    Has no positives? On yer bike mate.

    I hold PEN, VMY and DYL and I'm bullish on all of them but none of them have all those positives - at best they have 2-3 of them.
 
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