When you take into consideration that PEN will be in production in early 2012 or even as hinted "earlier". And then as estimated, the project would generate A$65million in after tax cash flow in its first year of production.
Then in my mind we are starring directly at a
"Cash Cow" in the making. And everyone likes a company making big profits. Its pretty simple really.
So who knows what the market at that time will push PENs share price to,(I am salivating over the profits I'm going to make already) but I certainly don't think your question is optimistic, far from it. Heck, the countdown has already begun, they are going to be starting the construction of the processing plant in as little as 17 months from now or maybe earlier.
But untill then I am going to try and use any opportunity I can that presents itself (for instance the current wall street weakness) to accumulate more shares in PEN at the cheapest price I can get them for.
NK
- Forums
- ASX - By Stock
- PEN
- 'age' article on uranium
'age' article on uranium, page-3
Featured News
Add PEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1892350 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 3719 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1698145 | 0.110 |
23 | 4122795 | 0.105 |
80 | 10496953 | 0.100 |
7 | 578212 | 0.099 |
11 | 439690 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 7358657 | 62 |
0.125 | 2837667 | 21 |
0.130 | 2916575 | 18 |
0.135 | 2065362 | 13 |
0.140 | 1029542 | 12 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |