PEN 5.68% 8.3¢ peninsula energy limited

you're missing the point - the comparison made was an "adjusted"...

  1. 8,839 Posts.
    lightbulb Created with Sketch. 408
    you're missing the point - the comparison made was an "adjusted" C1 price (BLR) with what is seemingly a C3 price for PEN?

    Basic stuff. No apples & apples...

    I also note their stated capex number excludes an on site mill (though they do say that off site milling is the preferred option)

 
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