PEN peninsula energy limited

An exert below, from their announcement on 5th Sept.The...

  1. 302 Posts.
    lightbulb Created with Sketch. 77

    An exert below, from their announcement on 5th Sept.
    The Peninsula Advantage

    Flagship Lance Project located in a tier-one mining and uranium jurisdiction

    Lance is a long-life operation, with excellent resource and life-of-mine growth upside at Barber

    Production restart set for late 2024, positive cash flow generated within first year of operations

    Once in operation, PEN will be an independent, low-cost uranium producer of dry yellowcake

    Talented/Experienced team in place who are capable of efficiently executing the revised plan

    Focus on long-term Sustainability

    Well-positioned to supply into a growing uranium market, and to play a role in meeting aggressive decarbonization targets

    The only ASX-listed uranium company providing US production and direct market exposure

    I bought a small parcel this morning on PEN on very strong volume. Higher highs off the low's. The other reason I got in was because all the other yellow cake stocks are outperforming. This company might have a checkered past in some respects, but they're in the USA which seems 'safe' to me. We know yellow-cake demand is on the rise. This company seems well established, production restart for late next year, I think the share price might run a bit from here. Good luck everyone who holds, my commiserations if your buy entry was higher, SP will get back up there imho. Cheers, Chris

 
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.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.