PEN peninsula energy limited

Ann: Trading Halt, page-84

  1. 841 Posts.
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    21 wasn’t when their finishing contract was terminated. You are going back 2 years earlier. Doesn’t change my base question, If they have to purchase where is the money going to come from? It’s questionable if they even have enough runway cash to meet operational costs through first drum. What sort of exorbitant rate will they have to pay assuming they can find funding? I see the big tap coming for holders again … I find it troubling that some of the longer term holders here continue to pump. One can only assume they do it in the hope of limiting the slide coming. It’s disingenuous to those here who are not across the detail.
 
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