PEN 4.76% 10.0¢ peninsula energy limited

New Video Coverage on Peninsual with an interview of Its CEO Wayne!, page-70

  1. 2,824 Posts.
    lightbulb Created with Sketch. 777
    all the operating cost numbers provided by our resident professor is just hot wind ?
    1st construct the mine about 3-5 years without issues and to be proven that it can operate ?
    2nd prove his method of extraction and recovery every new mine has many issues. ?
    3rd if successful big if ? costs have increased labour cost shipping cost many other costs ?
    4th it cant be proven it can mine let alone economically ! in that length of time that is needed to get that far booms can bust ? And not considering all the raises needed the dilution and consolidation ?
    so it's all unproven !! his shinning star is getting very very dim !
    comparing the 2 you just can't !!!
 
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