PEN peninsula energy limited

PEN Short Squeeze, page-81

  1. 2,864 Posts.
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    Too true. Also that portion that is contracted is subject to escalation/de-escalultion clauses as with all commodities. Protects both the buyer and seller...Pen has stable relationships with US utilities so much so that they've agreed to short term delays till we get into full scale (doubled) production. With good reason to id imagine as it appears the US gov are nearing some major decisions re. Russian fuel/processing. The US as far as U equities is concerned, is the place to be...no question. Aus & Canada a close second..But make no mistake, US utilities want US supply first and foremost, it's just that there jack all available- enter PEN at a very enviable time.

    Folks just need to get there head around the fact that Pen has underperformed due to investors waiting for the CR for the better part of 6 months. Now that its come and almost gone, with production this year....game on.

    Just wait till the rest with ony 'pounds in the ground' begin to raise cash for alot more than PEN needed! Most aren't insitu either and will need serious 'hard rock' set up dollars.

    I feel we will see a snap back in share price regardless of shares outstanding. Pen is as Wayne States 'Spring Loaded.

    Just need the U price to keep at it...


 
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