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12:17
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Originally posted by Lord Bell:
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You3 ..I answered my basic view on the process, much earlier this year, when I said that the Technical and Commercial Expert who joined Pen would hardly risk his Reputation on this project's success or failure if he thought it might fail...
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At the current price this company is screaming takeover. The obvious candidate being Orano. It’s difficult to fathom the current market cap when they hold half this value in cash and are preparing to be the next producer within months. If the startup is successful, the opportunity for suitors will have been lost as the cap WILL jump. Now would be the time for a company like Orano (or others) with a strategic requirement for PEN production to roll the dice.
(20min delay)