PEN 4.55% 11.5¢ peninsula energy limited

pen & the gfc, page-4

  1. 4,409 Posts.
    Thanks Stochman, yes guess the Margin calls could have come into play there never thought of that.

    Not that sure everything is factored in for the GFC, as I think many will be surprised when and if taken by another hit.

    Yes I forgot about that LOC they have access to 50ml which they stated should be enough to carry through to production. That is promising wonder it is guaranteed? eg if funds get tight could the lender place a reduced limit.

    The 2yrs wait til production concerns me somewhat, as certainly a wait. I think it is this that makes me so hesitant as anything could happen within that time frame, I guess including a lot of postive as well
 
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