PEN 2.50% 10.3¢ peninsula energy limited

permit to mine and dfs, page-4

  1. 3,989 Posts.
    agree illiquid,

    in my mind the PTM won't be a trigger for a SUSTAINED SP rise but, simply another piece of security.Having all the permits along with a positive DFS with the agreement to go ahead and mine will be most welcome but in this climate I'm not so sure it will move the SP as I would like.

    The world economy at the moment is in a very unstable and very much unknown environment. Yes energy demand will keep going as will demand for uranium but,for the SP to climb in the short term just on anticipation and excitement will be very hard.

    Production,income,sales and a good bottom line I expect will be the triggers I am waiting for.Having all the permits and DFS with the financial backing will only give me piece of mind and at the moment I am craving that,lol.

    cheers
 
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