Ann: Research Report - ISR Uranium and Peninsula , page-33

re: Ann: Research Report - ISR Uranium and Pe... "One thing clearer to me of late is the whole security of supply angle (given the amount of mine closures)."

I agree and that is what is keeping me a contrarian in regards to the U sector in general.

No matter what happens nuclear power IS happening right now and is continuing to expand via new builds. Less companies mining and more plant start ups along with new builds and supply will become the critical decisive factor. Then the supply/demand equation will come back into play positively and PEN will be well placed to take advantage. The Chinese already well ahead of the pack and taking the lead (as they so often do) on this aspect.

Hopefully with the latter the SP will appreciate accordingly and we can all profit and move on.

For now great buying opportunity once again appears...oh for the crystal ball on this aspect.