PEN 0.68% 7.4¢ peninsula energy limited

announcement frenzy!, page-46

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    Good post RM

    That interview is critical to my thinking at the moment.

    Gus used very deliberate language - including a lot of very poitive adjectives. His position was very upbeat. He used terms like 'extremely well' 'progressing on ALL fronts' and very exciting news'.

    I cannot imagine Gus 'beating up' the story on BRR. There was NO reason for doing that.

    So I am absolutely certain that the news WILL be exciting (i.e. a DFS that meets or exceeds expectations, signing off on decision to mine, strategic partner etc. Perhaps something from left field).

    As for the 'delays' - well I find renes point quite compelling (I can understand the attraction of it). But it could just be a matter of finalising legals and admin requirements. That is, Gus may have been alluding to 'done deals' (hence his upbeatness) but can't announce them until document sign off, board imprimatur etc etc.

    All I know is that the news will be good and that it should start flowing this week or next.

    If the news is not good, I will likely part company as, after the BRR interview and previous announcements, I would no longer have confidence in management.

    But I do not for a minute think that will happen.
 
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