Pen has 300klb of u worth about $15m plus cash on there books
they have contracts at well over current spot price till 2030
they are the only asx uranium miner that get income from uranium sales and can keep the light on more than any other who will tap the market for cash …..well before pen
if spot falls ( don’t think anything dramatic ) the can purchase at the spot price and fill there forward contracts and still make a buck…
IMO
Pen has 300klb of u worth about $15m plus cash on there...
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Last
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Mkt cap ! $99.19M | |||
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