New processing plant, page-33

PEN is now the 13th most shorted stock on the ASX @7.53% or approximately 95 million shares. IMO it will take some very good news to shift that position. With the share price @ 10 cents and the SPP at 7.5 cents the shorters are having a field day. The dilution is significant and a combination of raise and debt funding would have been a better outcome
for shareholders. Having said this once in production and revenue generating things may trend upwards nicely. If the bull market continues. GLTAH