PEN peninsula energy limited
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Ann: Company Presentation, page-3

  1. tutes
    3,452 Posts.
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    30/01/23
    11:50
    Post #: 65945290
    PEN had $25M USD at end of Dec 2022

    Should be getting another $18M USD from US government DOE this quarter?

    That’s $43M USD in cash, or $60M AUD

    Plus any revenue this quarter from current supply contracts (a few million there?)

    So more than enough cash while they restart production this quarter

    Hopefully we’ll see more supply contracts signed this first half
    PEN Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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