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10.0¢ peninsula energy limited

this is undervalued by 200million. do you know why?

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jaypol

3,947 Posts.

182

14/11/19

16:24

Post #: 41428528
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Originally posted by You3OAte: ↑

You don't read the detail carefully enough phish. Below is the CAPEX table taken from the Low pH Processing Feasibility Study.

So, now the facts are on the table, let's do the maths.

Historic spend - US$173M (from annual report)
Future spend - US$461M
Total spend - US$634M

The above spend for a 3M lb/a plant = US$210 per annual pound. That's off the charts mate. Typical CAPEX spend for PEN peers would be in the region of US$100 per annual pound (some higher, some lower). I don't have the numbers to hand but I'm happy with that estimate - the info is out there, look it up.

On this metric, PEN compares woefully.

Do you still think I 'twist' everything? I present data that you obviously don't read.

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this is undervalued by 200million. do you know why?

PEN Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $211.7M

Open	High	Low	Value	Volume
10.5¢	10.8¢	10.0¢	$676.3K	6.497M

Buyers (Bids)

No.	Vol.	Price($)
76	5545065	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	667185	5

View Market Depth

No.	Vol.	Price($)
4	237713	0.105
87	5532893	0.100
2	20101	0.099
5	545353	0.098
6	385499	0.097

Price($)	Vol.	No.
0.097	12775	1
0.100	215000	4
0.105	886424	10
0.110	4070059	31
0.115	2461920	22

Last trade - 16.10pm 25/04/2024 (20 minute delay)


Last 10.5¢			Change 0.000 ( 2.34 %)
Open	High		Low	Volume
10.5¢	10.5¢		10.3¢	4521012
Last updated 15.59pm 25/04/2024 ?

PEN (ASX) Chart