PEN peninsula energy limited

Ann: Trading Halt, page-19

  1. 480 Posts.
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    When the update was announced regarding the CPP delay, they clearly mention a production guidance was to be revised, and a downgrade was likely.
    So here it is.. the likely downgrade as it was expected. Whether its better or worse than anticipated is yet to be seen, and knowing the share price declined by more than 50% since its recent highs, one would think the market must have assumed and factored in a heavy reduction in the recent month/s?

    Who the hell here thought a production increase was even remotely possible

    wait...speaking of production... is that the forest through those trees?
 
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