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5.00% 10.5¢ peninsula energy limited

Good morning all. A question please. “The Company delivered a...

  1. You3OAte
    6,440 Posts.
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    29/07/16
    13:48
    Post #: 18399428
    Good morning all.
    A question please.
    “The Company delivered a further 55,000 lbs of U3O    8 during the June quarter…………………….. Uranium for these deliveries was purchased on market.”
    In the consolidated statement of cash flows, item 1.7 “Other (purchases of uranium)” for US$3,257,000. So average purchase price is US$59.22 per lb U3O    8. Is this correct?
    PEN Price at posting: 68.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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