PEN 4.55% 11.5¢ peninsula energy limited

hartleys valuation of 70cps..., page-19

  1. 13 Posts.
    I agree with ralom and grabs.
    A couple of other salient points:

    * Richard Simpson (Hartley's Director of Corporate Finance) and John "Gus" Simpson are brothers. Another brother, Tony, is managing PEN's Wyoming operation.

    * Hartley's last report on PEN (released 3.30pm on Sep 29, 2009) valued the company at 15cps, as does today's report.

    * It's worth noting the behaviour of the share price after the last report.

    * In 2012, when PEN starts production, it will be worth a lot of money (if the Uranium price is good).

    Happy trades to you all...
 
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