PEN peninsula energy limited
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Ann: Update on Central Processing Plant Commissioning, page-22

  1. poppypop
    1,974 Posts.
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    31/01/25
    11:03
    Post #: 77640399
    The question is how much will the cap raising price be? A 20:1 is only ever done if it's a given they will require a cap raising down the track otherwise it would have been 10:1. I think the share price will bounce between 50c and $1 until the cap raising is completed and the uranium spot price rises. If spot doesn't rise pens share price will continue to dwindle.,
    Last edited by poppypop: 31/01/25
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    lightbulb Created with Sketch.  Great analysis
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