hay CEB2 I like this comment:
"At the spot price of US$46/lb, the Operating Surplus could be A$40m p.a., but at the long term price of $60/lb it jumps to A$63m p.a. Given the market capitalisation is $61m today, the projected economics make the share look very cheap."
I do not think the glass is half full now I reckon it is 3/4 Full. Nice post saved me looking at PEN website.
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Mkt cap ! $99.19M | |||
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