I have been following uranium space since 2016 to date, love...

I have been following uranium space since 2016 to date, love this space due to the niche, opaque market, that's so volatile!

Markets hate uncertainty, even on the Eve of recommendations being released by NFWG to Trump there's still delayed reaction with PEN share price.

We followed this company religiously since October 2018, there's been highs and lows due to the company Amendment for low PH mining & S232 Trade Action. If the latter proceeded positively from PEN 32 cents (at the time) share price on the back of S232 could of been 50 cents plus, that's a fact, end off.

As history shows S232 outcome was negative PEN share price hit a low of 17 cents shortly afterwards, the positive was S232 converted to NFWG. Not long afterwards a RNS by the company of the SML being approved by WDEQ was not priced in appropriately, share price only reaching 22 cents, falling today's 19 cents.

All uranium equities are volatile PEN share price on favourable news from NFWG with decisive action by Trump on signing off recommendations we believe share price could reach 35 cents plus depending on scope of recommendations to help revive US uranium mining industry especially if Trump administration sanctions uranium contracts as part of the NFWG recommendations.

There's not a lot of potential investors who like a Speculative Buy as PEN, investors have been burnt bad in PEN history.

Our advice to all people only invest in uranium equities what your prepared to write down (for some years) if necessary, huge wealth can be created but the caveat is be also prepared for the loss too, more importantly be prepared to walk away, only Fools cry over spilt milk.

Good Luck All Penbelievers!!

I will now be back on the board until we have more substantial news from NFWG.

YB.. ))