RedCloud Forecast update for PEN, page-29

You need to read more thoroughly and understand the detail better. From the update announcement issued 31 Jan:



"....full completion is not scheduled for the June Quarter 2025." Trust me, that means end June 2025.

"Further production updates..." will be announced (one would think) but no improvement in production rates can be expected; PEN's words.

So, your implication that future production updates will be positive, which will lead to SP appreciation to $1.50 in April, is baseless. I would consider your post as unsubstantiated ramping. I would report this post, but I'm not that petty.