PEN doesn't do halts lightly this should be good. They have no debt and they have cash so it won't be bad on that front.
Take your pick: * Positive metallurgical/hydrological test results (highly likely) * JV (don't think so but would be nice) * Finance/Investor (possible...) * T/O (anyone else in halt?) - Hope not :( * Major find at Karoo (highly likely) * Major find at Lance (highly likely) * Major land aquisition and they have finally decide to make some noise about it. (highly likely) * Major gold find at Raki Raki (possible...) Hope they sell and cash up :)
Who knows? However I do agree it seems someone may have know something.
PEN Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
