PEN peninsula energy limited

Ann: Company Update and Samuel EPC Settlement, page-48

  1. 38 Posts.
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    I'm a but busy at the moment, but I will certainly update my list of developments. Some things I like others I like less, often because of lack of information.. The settlement with Samuel (again) I found a bit annoying, but the strategy behind it, I like.. It's a good incentive to make sure that Samuel delivers ASAP.

    The incentive of doubling the SP in six months tells me that they do not intend to do a Capital Raise before that. So íf they have to dilute, they aim for less dilution at a higher SP.. A SP of 0.50 , 0.40 or even lower when trading resumes, not going happen i.m.o. although it woul be a great buying opportunity..
 
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