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30/12/22
18:22
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Originally posted by Aqua65:
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PEN has just done a cap raise @13c - on extremely favourable ( for investors ) price terms. The shareprice here is very low. Rather than casually referencing here as a uranium stock and comparing to uranium and all in sector- Peninsula is about to recommence uranium mining and go back into production now, in the new year, first half 2023. Careful and very good management here including with contract pricing- PEN has been income producing without producing. Going to be producing own uranium again. Also Wyoming is an excellent location in the US. Bit indifferent to simply lump as uranium stock, as if all alike. Especially atm wrt PEN. Funded and about to be uranium producer again , in the US.
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All good points- That's why I invested in PEN because I only invest in ASX stocks so to find a US uranium project made sense to me