HS,
The important thing as has been stated many times is that PEN table their maiden JORC resource.
The reason why JORC is so important is it will de-risk the Lance project so that new investors will enter. As PEN continue to improve and upgrade the JORC this will continue to de-risk the project.
The sole goal and focus for PEN management should be the JORC and if they bring it in before their stated time-line then your option 1 will most likely be very probable.
In the meantime PEN, on current fundamentals and without JORC is now imo undervalued and it is time to place some buy orders.
JJ
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Last
8.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.2M |
Open | High | Low | Value | Volume |
8.7¢ | 8.9¢ | 8.3¢ | $1.327M | 15.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 141583 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.086 |
3 | 105000 | 0.085 |
4 | 342036 | 0.084 |
8 | 1040267 | 0.083 |
5 | 2756101 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 141583 | 3 |
0.089 | 139647 | 3 |
0.090 | 41250 | 2 |
0.091 | 122000 | 2 |
0.092 | 62258 | 1 |
Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
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