PEN peninsula energy limited

Well done PEN on achieving this restart milestone by end of 2024...

  1. 3,452 Posts.
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    Well done PEN on achieving this restart milestone by end of 2024 as planned. Uranium mining is hard so this is a big achievement. (Takes 10-20 years from discovery to becoming a uranium producer and cost hundreds of millions to over a billion in some cases)

    Probably a lot of doubters still, but this is the first step in the beginning of being a much stronger independent company, that won't have to rely or pay any third parties to help produce yellowcake.

    Hopefully we see (and I expect) much higher spot and term uranium prices in 2025.

    Also looking forward to hearing from the highly experienced Orano guy and seeing him further improve the company as COO

    I'd rather PEN continue on its own, but I'm still expecting a takeover at some stage (Orano, enCore, UEC, Boss Energy as possible candidates would be my guesses). If so, I hope it would be a bit later when PEN share price is already much higher

    Look to the future..
 
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