fair value., page-10

Re fair value.

I have not attempted to crunch the numbers as the people providing it on this forum are doing a great job.

The fundamentals are without doubt very well researched and covered. It cannot be said enough how valuable and articulate this research has been. Thanks to everyone of you who have contributed. The resource is there, as well as some much anticipated up side to the pounds in the ground or water, depending on how you look at it.

The technical analysis is now coming into play and the current chart, with widnening bollinger bands, a stocastic on the up, the moving average in our favour and the increased volume, is a screaming buy.

The team that represents Peninsular Minerals shareholders, are representing us very well. A big thanks to Simmo and the team.

The challenge going forward for us investors, is at what level do we take some profits? For me I have a long term hold position. The upside of all PENS assetts is to great to miss out on. It is conceivable that the good news will continue for some two years. What price PEN then?

Please do your own research and if your not in, have a bloody good read of all the posts over the last couple of months.

Regards MOTTY