There's No Such Thing as a Sure Thing — but Uranium is Close, page-37

Uranium69,.. I wasn't questioning the sector or the future of Uranium demand, also $50 spot price which i think is irrelevant in PEN case with ramp up time to 400kmlbs contracts next year and 650kmlbs following two years at Average sales price of US$62.38/lb going by the Quarterly activity report.
But do think SP trading activity is unusual and its ok to question it,
Has the market got PEN current SP wrong or is this leading into something like a CR at a discount to help US investors enter PEN as Wayne had referred to in the Crux interview with Matty,... or cumulating for a run up i don't know. history with PEN to its long retail investors have not been kind.

One question by Matty was the SP doesn't say that, should i be nervous about that,.. what caught my eye was Matty reaction to that at 6:30mins mark on the interview.

Fermit,... Well, there is 5m share under 20c for Shaw and Partners to buy,.. Those guys don't have a good recommendation record,.. fact