PEN peninsula energy limited
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End of year share price prediction, page-7

  1. Surfie
    1,445 Posts.
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    04/02/24
    16:28
    Post #: 72228955
    "If I have some time I will look to put up some back of the envelope numbers"

    Hussy, that would be appreciated. But I am sticking with my gut feeling that spot price will be usd200/lb by Christmas.
    Is it right that for every $1 increase in spot that PEN profit will increase by usd2 million per year? AND if that is so, does it also mean the PEN share price will rise 5c? I am not sure how to link it all.
    Last edited by Surfie: 04/02/24
    PEN Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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