PEN 3.49% 8.9¢ peninsula energy limited

congratulations fellow penners, page-4

  1. 2,819 Posts.
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    Yes. Especially well done to those who were brave enough to buy in in the mid 5cent levels.

    I have to say that the rise in the share price is a lot faster than I expected. I suspect this would most likely be because PEN are:

    1) very cashed up so will not have trouble raising finance like other junior explorers;
    2) have a much lower production operating cost compared to its peers;
    3) much closer to production.

    Will be interesting to see how much higher it can go.


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