PEN 5.00% 10.5¢ peninsula energy limited

$PEN has been down because URNM a uranium etf was selling They...

  1. 293 Posts.
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    $PEN has been down because URNM a uranium etf was selling
    They sold 3.8 million shares of pen 42% of the 20 day volume.
    They were rebalancing their uranium stocks including PEN.
    They sold a bunch to load on bigger positions they already had ,
    only accounted for 0.60% of their portfolio. This is public and posted today.
    FYI
    Lance great for Low PH Low Calcium too.
    Also The reason Pen is down is
    Based on the pre-operational water samples from 46 production or injection wells within the two operating mine units, the production zone aquifer has moderate TDS levels (1,200-2,500mg/L), low calcium concentrations (2-9 mg/L) and moderate sodium (430-870 mg/L), bicarbonate (400-680 mg/L),and sulfate (400-1,320 mg/L) concentrations (Strata 2015, 2016b) A petrographic analysis of a core sample collected in 1977 shows that it contains less than 1percent carbonate (Strata 2011b). This is supported by additional core samples collected by Strata since 2010, in which carbonate concentrations in the mineralized sandstone range from 0.001 to 1 percent (Knode 2017). A carbonate value of less than 1.5 to 2percent is considered appropriate for mining with a low pH lixiviant (IAEA 2001).
 
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Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $334.3M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $1.047M 10.19M

Buyers (Bids)

No. Vol. Price($)
70 9842754 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 4002799 32
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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