PEN peninsula energy limited

News: Peninsula DFS & Lance drilling program upda, page-69

  1. 489 Posts.
    re: News: Peninsula DFS & Lance drilling prog... I'm curios as to how the following factors are Gus' fault:

    1. Fukushima
    2. U spot reaction
    3. U sentiment shift
    4. Germany quitting nuclear
    5. American Debt Crisis
    6. Credit rating downgrade of US banks
    7. USD/AUD strength
    8. Greece debt crisis
    9. European uncertainty
    10. NRC license review extension because hippies were holidaying
    11. Credit rating downgrade of French banks
    12. Increased margin requirements on small cap stocks
    13. Combined effect resulting in lower than historic PE ratios of blue chips
    14. blue chips trading at significant discounts to their intrinsic value
    15. Significant number of governments, banks and firms holding their highest ratio of cash in over 45 years
    16. Extreme market volatility
    17. lack of interest in speculative stocks due to all of the above

    You may have been venting CEB but what do you want the man to do? this is bigger then the release of a DFS and more uncertain than a it will blow over in 1,2,3,6,12,18 months, which they could have been hoping for back in June before points 5 through 17
 
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