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2.38% 8.2¢ peninsula energy limited

FURTHER CASH REQUIREMENTS NEEDED?, page-29

  1. Crownjewels
    210 Posts.
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    26/06/20
    12:33
    Post #: 45470068
    To clarify, the $43 Million does NOT get them to a stage of producing anything so they most certainly cannot benefit from the buy program as they have nothing to buy.

    My point is they MUST raise again to start production.......THEREFORE MORE CASH THEREFORE ANOTHER RAISE......THEREFORE FURTHER DILUTION!!!!

    That fellow HC posters is a genuine concern!!!
    PEN Price at posting: 7.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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