My BOE holding is nearly 3x my PEN, which doesn't say a lot about PEN haha.
Agree with your thesis, however would prefer this to happen if and when this new team get things humming. Don't want BOE picking up for a song as expect PEN can get well above $2 in the next 12 months should the cards land well enough, more if sentimental spot steadily climbs.
If these troops fail to deliver, then bring on the cavalry.
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Peninsula Energy back on track?, page-191
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