PEN peninsula energy limited

Ann: Quarterly Cashflow Report, page-13

  1. 10,528 Posts.
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    Dont think the FID should of been announced for a number of reasons.

    Very doubtful that the depleted MU 1 and 2 would of delivered the contract requirements of 650mlbs for 2024/25.
    And PEN management should of requested guarantee from UEC to process the resin until PEN had is own resin back end.
    Also question mark on how the chemistry will perform at scale.

    Just all sounded as one big cook up hoping for a SP re-rating... trust is lost with this mob.
 
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