PEN peninsula energy limited

Wow pens cap is trading at what he raised over 6 months back fid...

  1. 3,107 Posts.
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    Wow
    pens cap is trading at what he raised over 6 months back fid and to complete the mill to be a fully operational mine and mainly to the funds
    a raise = to $2 a share post consolidation
    the uranium space is getting hammered but markets go irrational

    to break this down a explorer if successful to get where pen is at this stage today
    would need a estimate of $1b and at least 10 years
    cost of mine the biggest expense about half a $b
    the resource the development the permits and all the studies
    on top pen has some cash and holds physical
    all this for $100m cap has to be the cheapest uranium miner
 
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