PEN 5.00% 10.5¢ peninsula energy limited

Ann: Quarterly Activities Report, page-6

  1. 3,289 Posts.
    lightbulb Created with Sketch. 670
    Yeah it hurts a bit considering current spot price.

    But they still made decent money on the sale as I believe the bought the U inventory for around $30 per pound.

    What eases the pain for me personally:

    - getting shares at 7.5c and free options with 10c strike
    - having some refund SPP money to buy more shares
    - plus bullish Kazatomprom news (let's see how markets react tomorrow)
    - plus likely Cameco production downgrade on Feb 8th
    - plus likely Russian uranium ban (this month?)
    - plus knowing we're cashed up and debt free
    - plus being in production within a year
    - plus too many other bullish uranium fundamentals to list
    Last edited by tutes: 01/02/24
 
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