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2.27%

11.3¢ peninsula energy limited

Please provide verification for your $20m claim. Company...

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ura_bull

7,245 Posts.

1227

01/03/20

17:48

Post #: 43243627
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Originally posted by You3OAte ↑

PEN is not ready to mine phish. The rest of this year will be consumed by 'derisking' activities. Then they've got to find $20M for Phase 1. Then they've got to implement Phase 1. So a long way off until the first pound is extracted.

Plus the small matter of contract monetisation to be resolved by end April, failing which they need to find $17M by end October.

All the above confirmed in half yearly report. The "Going Concern" section of that report is rather concerning for PEN shareholders don't you think?

Meanwhile the SP continues to get pulverised. Raising funds becomes harder and harder.

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Please provide verification for your $20m claim. Company presentation says $5.3 and that includes contingency. It also likely that some of that $5.3 has already been invested.

PEN Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.3¢		Change 0.003(2.27%)		Mkt cap ! $238.4M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$80.79K	710.8K

Buyers (Bids)

No.	Vol.	Price($)
43	3235795	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	2783071	12

View Market Depth

No.	Vol.	Price($)
43	3235795	0.110
32	2913444	0.105
88	8532639	0.100
7	561213	0.099
12	975420	0.098

Price($)	Vol.	No.
0.115	2783071	12
0.120	4879792	50
0.125	7047070	39
0.130	4996145	51
0.135	3821789	30

Last trade - 13.13pm 06/05/2024 (20 minute delay)


Last 11.3¢			Change 0.003 ( 2.17 %)
Open	High		Low	Volume
11.3¢	11.5¢		11.0¢	743863
Last updated 13.29pm 06/05/2024 ?

PEN (ASX) Chart

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