The good news acreage is you'll still get them for a handy price!
The timing of the final SEIS after the Japanese cabinet decision last week couldn't have been scripted. Then the Dundee report with the comparisons of PEN value compared to ISR peers:
"Cheapest valuation of its peers. PEN trades at an EV/lb of US$0.71, in line with developer peers at US$0.70. But excluding African assets, PEN still trades at US$1.37, well below its US ISR peer group who include Uranium Energy (UEC-US) at US$1.80/lb; Uranerz Energy (URZ-T) at US$6.41/lb; and Ur Energy (URE-T) at US$4.60/lb."
All this should turn some heads and open some more wallets!
PEN Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
