PEN 17.5% $1.09 peninsula energy limited

I reckon 10c over the next couple months would be a reasonable...

  1. 1,415 Posts.
    I reckon 10c over the next couple months would be a reasonable target, given the progress made (although the price should head up at an exponential, not linear rate)

    But if it becomes "generally accepted" that it will "probably" result in becoming a miner, I'd target somewhere around 30c. Its got a much much higher chance of that now compared to 6/12 months ago (or at least its becoming apparent to many more people).

    All this is why I started buying back at 3.8c after selling around 2c. I was wrong, but I didn't believe the evidence at the time (being around 1.5c) was enough to gamble on it heading upwards back to its glory days.
 
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