PEN became shit from the moment UEC cancelled its contract to process the uranium bearing resin from Lance, this was on top of previous management forward selling a 1/3rd of their production for around US$53 lb when everyone else in the industry could see the term price was moving higher
the PEN chart shows what a poor investment PEN has turned out to be
and I can assure PEN shareholders that their recently appointed MD affectionately known by many as “confetti George” will be doing them no favours
for those that think it can’t get any worse - just watch this space
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