Here is a different take on PEN!
EXT are holders of a large quantity of uranium! They are not producing, just sitting on the U! There share price is over $7
Regardless of production, in the next two years if PEN Jorc up to 60 million pounds for USA and drill an initial Jorc of 30-40 million pounds at South africa, the share price has no choice but to make a run, even if U price is flat, even if production viability is a little slow! which i dont think will be!
Due to the fact PEN assets will increase so will the share price! Based on intial drilling and historical findings, its very possible PEN will reach these figures!
So based on Asset and JORC alone, 2 years time we should be sitting on a little gold mine similar to EXT
Here is a different take on PEN!EXT are holders of a large...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |