PEN 0.00% 10.0¢ peninsula energy limited

attention gathering

  1. 894 Posts.
    Although the rise in SP is nice, I am getting increasingly nervous about showing too much potential and lowering risk. Unfortunately, I have just been dooped by EQN with my holding in CGG and cannot get this fear out of my head concerning PEN (gun-shy).

    There is a lot of talk about URZ and the premium they receive over PEN for uranium in the ground/expected production. At this stage it would be very easy for URZ to pay a comfortable price for PEN and walk away with a significant premium to their market cap over and above their investment in PEN.

    I am just hoping we have significantly more loyal directors and ones who want to take the project through to production rather than sell out for a quick windfall.
 
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