PEN 0.00% 11.0¢ peninsula energy limited

It was very positive - clearly ERA see no threat from other...

  1. 342 Posts.
    It was very positive - clearly ERA see no threat from other producers - he wasn't even ruffled by the idea that BHP might ramp up Olympic Dam which he, himself described as massive in terms of resource - the clear message was that there was plenty of room for new players on the U platform and that new producers would simply feed the growing demand - he seemed to think that the worst case scenario was the status quo (i.e. 3 x profit growth in one year) - we have nothing to worry about - the U wave is coming.
 
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