PEN peninsula energy limited

phishpheet7,777 Posts.lightbulbCreated with Sketch....

  1. 3,137 Posts.
    lightbulb Created with Sketch. 867


    phishpheet

    7,777 Posts.

    lightbulbCreated with Sketch. 628

    06/12/22

    15:20

    Post #: 65177764

    Share

    Utilities mostly sign long term contracts for say 60% of production the rest goes into spot market and if you got a number of producers sending say 40% into spot market the spot price will crash and utilities pick it up at a discount to balance the contract price...



    Pen is a producer
    this load of BS was posted on Bmn thread
    it’s embarrassing and just exposes
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.