PEN peninsula energy limited
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I looked at Deep Yellow presentation. How to understand this...

  1. Tomaszabc
    333 Posts.
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    05/09/23
    05:11
    Post #: 69729691
    I looked at Deep Yellow presentation. How to understand this "initial capital"? How much money do they need? 51m US $ or 423m?
    51m $ is not much for a whole factory etc.
    In their presentation, they put market cap in australian dollars but production cost is in US dollars. That looks better.

    https://hotcopper.com.au/data/attachments/5562/5562377-afa93bc8b6502ea4037430b39adc29ad.jpg
    https://hotcopper.com.au/data/attachments/5562/5562378-4639e45b0f22ed316c0d50db9ef4f17d.jpg

    Last edited by Tomaszabc: 05/09/23
    PEN Price at posting: 9.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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