James the biggest potential risk / company maker or breaker/ is the mining licence-permit!! without it they have nothing. Simple as that!!!
Everything else looks good i.e Resource grades, economics disequibrilium etc....but they need to get the "green light" to commence with the construction of the processing plant.
The likelihood if a mining permit is favourable based on what we already know and one of the key benefits is that Nubeth was already operational as a pilot plant so that would weigh in PEN,S favour I would have thought.
Cheers MMM
negatives???, page-2
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $286.0K | 2.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 81 | 8753070 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3414062 | 21 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |