tutes,.."PEN doesn't need to do CR to keep the lights on".
Have you forgotten "already" the $50m CR in the last 16months... and thats on top of contract income,.. Not only has the SP been heavy diluted but also the contracts.... wheres the benfit to Shareholders as the SP is still under the CR(s).
tutes,.. Other U explorers/developers have no revenue coming in, so have been (and will continue to) doing CRs lately
Those companies are trading above the CR so its been a benfit to shareholders...
New Video Coverage on Peninsual with an interview of Its CEO Wayne!, page-5
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