that's physical cash hitting their banks account, that's all that I care about.
as far as I'm concerned, buying uranium at a lower cost, and selling it at a higher price, pocketing the cash difference is a good business move.
not just any uranium company can do this, as other companies don't have the contracts PEN do.
I'm sure if the other ASX uranium explorers/developers had contracts like PEN, they'd be doing the same, after all, they're desperate for cash.
i'm confident that within the next 12 months, PEN will have optimised the FT results and spot price will be a lot higher... if so, PEN share price will be a lot higher.
all IMO... everyone DYOR
- Forums
- ASX - By Stock
- PEN
- News: PEN Peninsula Energy Has Agreed To Purchase 300,000 Pounds Of Uranium At US$31.35 Per Pound
News: PEN Peninsula Energy Has Agreed To Purchase 300,000 Pounds Of Uranium At US$31.35 Per Pound, page-19
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
|
|||||
Last
8.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.8M |
Open | High | Low | Value | Volume |
8.9¢ | 9.0¢ | 8.7¢ | $345.8K | 3.903M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 106022 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 196494 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 105686 | 0.087 |
6 | 2292733 | 0.086 |
14 | 507517 | 0.085 |
11 | 370444 | 0.084 |
7 | 1501309 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 196494 | 10 |
0.089 | 354813 | 7 |
0.090 | 110611 | 4 |
0.091 | 10000 | 1 |
0.092 | 41200 | 3 |
Last trade - 12.38pm 15/08/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online