PEN 1.03% 9.8¢ peninsula energy limited

Ann: Peninsula Strengthens Sales Contract Portfolio, page-20

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  1. 2,909 Posts.
    lightbulb Created with Sketch. 802

    how the world is right now and where spot should be look back to the 70s

    history repeating

    high inflation

    war with Iraq and Iran ( Russia & Ukraine )

    oil embargo with the Middle East ( critical mineral ban )

    oil price per barrel in 1973 $2 in 1982 $30 the birth of opec in 1974 ( birth of uranium )
    oil shortage and fuel rationing ( sorry no petrol )


    uranium price well over $40lb for long sustained period

    well over $200 if adjusted for inflation with a much bigger demand on the horizon


    food for thought

    imo

 
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9.8¢
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