PEN 0.00% 11.5¢ peninsula energy limited

End of year share price prediction, page-44

  1. 4,476 Posts.
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    It is incredible to think that we have a market cap of only $250M and we will be producing U at end of this calender year.

    Looking at some of the other near term producers who are still years away from producing and they have market caps ranging from $600M to $1.2 Billion.

    I know we recently completed a placement at 7.5c but they didn’t extend oversubscriptions and yes there are a few shares to digest before moving higher. But still it is a little surprising. I would have thought fair value at this stage would be low 20s.
 
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