I was running and listening to John Polomny podcast today. An idea came to my mind.
PEN secured 4.5m US$ for maximum contract penalty.
They spent 1.5 m US$ to fulfill this nearest contract (buying at 64$ from SPOT and selling for 56,5$ with a loss. 200k lbs * 7,5$ = 1.5m US$).
If they realized important problem with extraction, why they didn't go for full 4.5m US$ SPOT buying? That will give them 3 times more pounds and less penalties. Instead of that, they choose to mine it by itself...
- Forums
- ASX - By Stock
- Ann: Half Yearly Report and Accounts
PEN
peninsula energy limited
Add to My Watchlist
0.00%
!
62.0¢

I was running and listening to John Polomny podcast today. An...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.97M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PEN (ASX) Chart |
Day chart unavailable