Ann: Peninsula Energy/Lance Project Update, page-171

If the bears want a bit of schadenfreude I'm currently down half a million on PEN. My entire portfolio is up significantly this year and PEN is only now 4% of my equity holdings and less than 1.5% of my total net worth so I'm not breaking a sweat but it is something. 500K to me is just about a years after tax income. not life changing to lose if I exited now but not insignificant. The plan was always to hold PEN until production and I still see that happening and will continue to hold for that but after this I do think any future bets I make on uranium are going to be through an index.