This is the kind of news you can hope for post a lengthy suspension. Sure, sale contracts are being reduced/terminated, but this is being done professionally and without drastic consequence. Management being more diligent, more realistic brings more certainty...the key for any long term investor.
The positive take from this is almost a certainty PEN will be the next producer on the block, amongst it's peers, with a market capital of how much again? Bigger companies surely circling...?
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peninsula energy limited
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Ann: Project and Sales Contracts Update, page-9
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Mkt cap ! $99.19M |
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