PEN 0.00% 11.0¢ peninsula energy limited

catch 22, page-12

  1. 2,214 Posts.
    Do your dooms day analysis. Say demand is only 50% of PEN's initial estimates or U price falls substantially. Not great outcomes, but as a probable leading low cost producer PEN will still be very profitable.

    The ONLY major factor I see for PEN is getting mining approvals. After those its all good.

    Chawkey
    ___________________________________________________________
    It is not the destination we reach that is most rewarding. It is the journey along the way.
 
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