Pen General Discussion, page-159

Did you not understand ( which has always been obvious)

what was said is that if he needs to ramp up production from current 800klb to 2-3mlb per year
which means demand is in spot is higher and higher cash flows so time get the maximum benefit !!
as well from the cash flows start to get the Barbara deposit ready and possible expansion to 100mlb
there many avenues of getting funds if you are producing !!

so if spot remains steady through 2023 24 at these prices ( imo will be much higher )
will not need ramp up production and only from cash flows get Barbara organised

this is your second go at pen and most all know
held it for many years sold it at the bottom downramped for over a year or so with over 5000 posts
bought back in much higher and lost again it speaks for itself
buy high sell low your investment skill is needed in the market keep up the good work and I’m not your mate