PEN 3.61% 8.0¢ peninsula energy limited

There is always a comparison between a developer v producer on...

  1. 2,855 Posts.
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    There is always a comparison between a developer v producer on here .. with spot price moving
    let's see a developer needs a mine about $250M usd depending on size and at least 2years
    not factor in any hiccups along the way in the build and the the extraction of ore with all hiccups involved
    and having all the infrastructure in place ......
    the producer. Does not need the mine tick.. has already produced a small amount.. tick
    has all the infrastructure in place ..tick

    only changed his technology/chemistry in extraction for better results all going as plan tick
    will be much faster in production. Than any developer By far. Difference night and day tick !
    i own both the developer and producer
 
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