PEN 2.35% 8.3¢ peninsula energy limited

could this be the true future value of pen

  1. 1,362 Posts.
    lightbulb Created with Sketch. 19
    So if the Jorc is 25mt at an average of 1.5 %

    Discounting the other tenements which would only calculate matters

    Based on 25 million and getting 1.5% uranium at present prices $482

    Excluding costs which is unknown but should 375000 tonnes of uranium

    Based on present prices I calculate 1.7 billion during the life of the mine

    If these 63 uranium power stations increase demand

    This has the potential in time to reach 80c plus especially if the other tenements also have excellent jorcs

    So good conditions and away we will go
 
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