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1.03% 9.8¢ peninsula energy limited

Raynkaye,Only had to look at one variable on the spreadsheet to...

  1. binbin
    2,816 Posts.
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    16/02/12
    15:22
    Post #: 9704350
    Raynkaye,

    Only had to look at one variable on the spreadsheet to work out that it was unrealistic. Opex of $18/lb? Total cost should be more like $37 to $39/lb if I recall correctly. My memory may be slightly off but I'm pretty sure using $18/lb is just plain wrong.

    Production of 3mlbs per annum? In 2012?? Only 1800million shares on issue??? No wonder the spreadsheet is getting 56cents per share

    PEN Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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