“We acknowledge shareholder concerns surrounding our production guidance and are working with urgency and diligence to finalise and announce our revised production plan. The outcomes of this work will be released as soon as the Board and management team have a detailed plan in place, and the business is set up to execute it successfully."
To admit that there is no coherent plan in place, and that the business will require structural reformation to "execute" a plan that is not currently known, does not bode well. Wow - PEN is dying if not dead already. Also, very little spruiking of Freddy, the Orano guru. Why is that I wonder?
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PEN
peninsula energy limited
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“We acknowledge shareholder concerns surrounding our production...
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