PEN peninsula energy limited

There is a lot of hoo ha about this or that just look at the big...

  1. 3,114 Posts.
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    There is a lot of hoo ha about this or that just look at the big picture ?
    the bottom line is that pen moved first and made its fid
    ahead of the only other 3 uranium miners that have mines on the asx
    Pdn Lot Boe who will have a fid raise of a much larger amount and need spot a little higher for them to move

    and the other big names Dyl Bmn Aee well they will need big raises and years for a mine to get to where the others are currently
    so when spot moves higher the the miners with mines will start production while the others will start construction and the rest years behind that
    this raise was mainly to get the US funds in cheap and on there books
    pen has been getting income from uranium sales for some time and will continue and pay the light bill
    and all the others well if spot does not move ( it will in time ) are just burning cash

    The ball is rolling IMO

 
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