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4.55%

11.5¢ peninsula energy limited

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

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jaypol

3,975 Posts.

186

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 11.5¢		Change 0.005(4.55%)		Mkt cap ! $243.7M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$314.2K	2.793M

Buyers (Bids)

No.	Vol.	Price($)
27	2092980	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	2855752	13

View Market Depth

No.	Vol.	Price($)
26	2082980	0.110
29	2862810	0.105
84	8495609	0.100
7	521213	0.099
11	905421	0.098

Price($)	Vol.	No.
0.115	2855752	13
0.120	5036008	50
0.125	6938412	37
0.130	4811145	50
0.135	3715108	28

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 11.3¢			Change 0.005 ( 2.17 %)
Open	High		Low	Volume
11.3¢	11.5¢		11.0¢	769223
Last updated 13.57pm 06/05/2024 ?

PEN (ASX) Chart

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