PEN Short Squeeze, page-79

Only a portion is contracted. NPV at current prices more like US$350m and that includes contracted supply.

DYL, BMN and others are years from production and have yet to raise capex funding yet capped far higher.

Believing U will go above $200 and PEN will actually go backwards is kinda wild but each to their own.

Do I think PEN will go to $1? No, but there is money to be made at current prices imo