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3.49% 8.9¢ peninsula energy limited

Ann: PEN Awarded Supply Contract for US Strategic Uranium Reserve, page-26

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  1. liner08
    1,119 Posts.
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    16/12/22
    15:31
    Post #: 65343703
    I don't know how much PEN was paid but the program was to purchase 1 Million lbs of US-mined yellowcake in 2022 by distributing $75M into balance sheets of up to 4 US producers. So by simple division if they provided 300 000 lbs they earned possibly $20M USD at a price of over $75/lb.
    PEN Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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