PEN 1.01% 10.0¢ peninsula energy limited

agm today, page-14

  1. 15 Posts.
    Yup,

    Mostly the same take on it as flash, although I didn't think Gus was so much in a hurry as pleasantly surprised there wasn't any difficult (persistent) questioning.

    A few other observations (my impressions):

    Very subdued compared to last year, less than a dozen shareholders all up, very few questions, no fireworks.

    Mal James is currently in NY and funding is 'well advanced' and 'going well'.

    Only a couple of conditions on the draft SML they are looking to negotiate on (response due in the next 2 weeks), 'nothing too onerous'.

    Gus was quite upbeat about company position 'most of the headwinds are behind us' and mentioned the expected long life of the operations.

    I also couldn't stay for the chit chat, so I can't comment on that.




 
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