peer analysis :pen :pdn : ext, page-7

Sircorp. I've stated previously also that PEN is at pole position as a takeover target. The exact resource numbers are yet to be determined but look like ranging om 70-100 m ibs. Of Equal if not more importance however is the totality of PEN's attractiveness to a possible suitor within the next few months. The critical aspects of this are the staged maturity of the business and it's short term transition into production. Unlike many U juniors and 'resource-only' explorers, PEN comes (or will shortly come) as a complete package with all regulatory requirements in place and EXISTING CUSTOMERS. This makes us particularly attractive to larger existing producers like Paladin, Cameco etc. who (given current events) would also be mindful of the benefits of avoiding the costly acquisition of undeveloped resources only to then have to face regulatory uncertainty.

If I was in the market for a U business right now for what may well be a never to be repeated price, PEN stands alone!