re: Ann: High Grade Intersections at Barber E...
Hangseng
If the resource does come in with a JORC number around the 100+Mlbs you suggest, then - based on the Hartleys report analysis which noted "The Lance Project has exploration potential of 76mlb, which we estimate could be worth up to 44cps" - this could well be worth around 58cps for PEN.
This latest announcement adds yet another brick to the wall of credibility that should underpin a significant re-rating for PEN.
PEN Price at posting:
5.1¢ Sentiment: LT Buy Disclosure: Held
