Whose trading IsBeBe? These are the reasons I posted on the weekend which stick out like sore thumbs.
"o PEN will enjoy relatively cheap cost base
o PEN has managed their permitting processes very well and is still likely to be in production sometime next year
o US is unlikely to reduce their demand for U, if anything more likely to increase in the LT once the new plants become operational
o PEN has strong financial support from PALA which could provide acquisition opportunity if management decide to pursue.
Expect most countries will carefully examine safety and cost aspects of nuclear energy compared to available base loads alternatives as well as environmental factors. Confident pragmatism will prevail especially after considering the safety and environmental records of the coal, oil and nuclear power generation."
Surprised so many got sidetracked by emotive or poorly thought out analyses. Fear does funny things, saw respected others warn of too much uncertainity etc etc, when there was little need IMO.
Nuclear has been and IS safe. Going forward it will become safer and one day more Australians will acknowledge the facts from around the world, not insular fears.
In the meantime PEN is just so well positioned. Is this so hard to understand?
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congratulations fellow penners, page-24
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23 | 4122795 | 0.105 |
80 | 10496953 | 0.100 |
7 | 578212 | 0.099 |
11 | 439690 | 0.098 |
Price($) | Vol. | No. |
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0.125 | 2837667 | 21 |
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0.140 | 1029542 | 12 |
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