PEN 7.69% 8.4¢ peninsula energy limited

BREAKING NEWS!, page-22

  1. 246 Posts.
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    Phish, you have been for some years cautious/ sceptical of PEN management and the commercial efficacy of the host formations containing the uranium....and correctly so. I can't tell you how disappointed I am in Managements ability to find defeat in the jaws of victory. I have made it clear to Wayne/Pen that its all very well highlighting 200 years of technical skills at PEN, but my observation is that SO WHAT ..when in my opinion there isn't a modicum of business smarts to speak of.
    We are in a running bull market for uranium, so even Pen will rise... and with a bit of luck there will be a bid for the company (hopefully at much higher levels)
    I'm watching this out of the money contract book and the BS that its been sorted/ deliveries delayed on mutually agreed terms. I see our inventory has been monitised (line in asx release) in most recent interview I note a comment that. our inventory has been delivered against 2023 contract commitments. What it probably means is that our Inventory has satisfied a contracted price well below market ..I've asked Pen to comment on this but no response ...can you shed any light on what the position is on Inventory?

 
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8.4¢
Change
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Mkt cap ! $269.2M
Open High Low Value Volume
8.3¢ 8.6¢ 8.2¢ $1.524M 18.28M

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No. Vol. Price($)
3 302820 8.4¢
 

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Price($) Vol. No.
8.5¢ 500000 2
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