PEN peninsula energy limited

Is this the first time a company has neared production and is at...

  1. 4,802 Posts.
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    Is this the first time a company has neared production and is at ALL time lows? I don’t think I have seen that before.

    And we have been saying for months now that we were completely baffled as to why the SP kept drifting down even though the company neared production whilst Wayne kept saying all was good. It is obvious the market (insiders) knew what was going on. 8.3 c before this announcement was already factoring in this news. And here we are another 25% down again.

    It has definitely been a poor investment. However I still think it is undervalued if it delivers on what they stated in today’s release. Can we rely on their information? That is the big IF.
 
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