PEN 5.00% 10.5¢ peninsula energy limited

karoo resource - ryst kuil, page-2

  1. 2,892 Posts.
    "I've also had some correspondence with SRK in Denver, CO and the BFS they undertook at the time, commissioned by Uramin, was never released publically"

    Do you really think Uramin did not see the BFS?

    Do you really think PEN management havent already seen that BFS?

    Personally I am very pleased with this next phase of PENs development. I have ALWAYS stated, that Gus is a master chess player always 2 steps ahead of the market...the market underestimates Gus. I on the other hand have backed him heavily.

    Rather than bring Lance to production and then Karoo, only to say....ok, what will we do now to grow our revenue and increase production, why not secure the next asset at these rock bottom prices. What price would we be paying for these assets in 2 years time once U has had a sustained recovery?


    Kiril.

    I hold.
 
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