PEN 0.00% 9.6¢ peninsula energy limited

Ann: Peninsula Commences Trading on the OTCQB Venture Market, page-21

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  1. 103 Posts.
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    Dog? This has been one of my best investments up overall 171% over the last 6 months and my largest holding on ASX.

    The company is in an enviable position, it was a hard decision to clear the debt but aboslutely the right one, with no debt, exisiting very good supply contracts and a licence to restart production as soon as prices justify. PEN is in no hurry and being one of only 3 US current miners able to turn on production withion 6 months of decision IMO a significant upside from here.

    Look out for a significant increase in Spot prices...it will come and sooner than many may imagine. Uranium stocks are front running a guaranteed increase in Spot or the lights go out......ummmmmm seems like they are already going out in parts of the USA
 
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