Thanks EE and HS.Like any other specie, PEN has to go through...

Thanks EE and HS.
Like any other specie, PEN has to go through few process and show some results to turn themselves into a producer.

Everyone would know by now, that PEN is in the process of transitioning itself from a specie status to a "to be producer".

But, they do it at such a pace, which shows PEN management may have got lots of information on hand already which they are prudently formalising it in stages.

Today's ann's just blew me off. Good management.

you are right HS, those days of US sneezing and Oz catching cold are gone. May be it is still there, but not for companies like PEN who know what they are doing because they are investing in the future (Uranium - clean energy).

Can't be any happier :)

I think, today's highlight is the cash reserver of ~7 mil (AUD) + $50 mil of LoC....+ Karoo....great.