2025 offtake contratcs, page-7

Yep, been in twice as long Get321 and PEN been through a lot. Some of it out of their control, but generally poor detail managers and communicators.

Wish I'd got onto BOE much earlier (weren't around when I bought into PEN) but at least being a PEN U bull ultimately led me to BOE so that it is now almost 4x my PEN holding, which I'd been selling down a bit. Also hold SLX now. Lost a lot on paper, but winning it back lately.

One biggie though, is while PEN may seem cursed, and certainly unloved, it has the potential to multi bag very quickly, and run hard IF they do get it right and uranium continues to reach its forecast levels.

What matters about the doubters, particularly the rabid ones, is they could have been expressing similar sentiments for years, even for different stocks, and have been right, as the world way over compensated for Fukushima, before BOE was hatched. Vast majority of U miners were in the doldrums for years and at least PEN survived. That is over and wonder whether these folk, who are non-holders of PEN are holding anything in the U space. The main antagonist "saving PEN from naive holders" who knows his onions, doesn't seem to post on any U forum. Maybe just a quaint, tech savy, old anti U guy who struck it rich with the problems of PEN - what a ride.

Easy to doom and gloom PEN after their history of issues, and while in suspension, but let's see whether this new team (Chair, CEO, Finance and Technical) have grasped realities and are able to bring PEN into meaningful production, in a bull market in the US.

I'm hopeful while appreciating PEN is certainly the underdog.