First off If spot went up past their current LT contract price then Long term prices must be at all time highs meaning they could get financing instantly and would be getting other projects in the U.S. and South Africa like in 2011. They would also get going within 6 months if spot ran that much and either ditch the low ph initially. They have no problem fulfilling existing agreements into 2030. Pen has a former Major Utility fuel Buyer on their board, they have it covered. Also if it ran that fast there could be some major M&A's.
Ann: Half Yearly Report and Accounts, page-53
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Last
10.3¢ |
Change
-0.003(2.38%) |
Mkt cap ! $326.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $185.6K | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 93 | 11361443 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7441804 | 49 |
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| Last trade - 13.01pm 09/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |