PEN is significantly smaller, significantly more expensive, with other unfavorables.... not to mention the curve balls and sentiment- compared to Boss.
Boss
-Total JROC 71.6Mlbs with potential to incorporate 36Mlbs from Goulds Dam and Jasons for LOM extension.
-AISC of $25.62USD
-0.8 Mlbs production 2024
-Highly liquid (possibly more attractive to institutional investors)
Peninsular
-53.8Mlbs overall, but only 21.8Mlbs recoverable over LOM with 31.9 at Barber/Kendrick
-AISC $42.46USD
-0.1Mlbs in 2024
-roughly 20% dilution in outstanding shares from recent raise for early 2025 at 10c
PEN is significantly smaller, significantly more expensive, with...
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