PEN 4.55% 11.5¢ peninsula energy limited

Worth a look through the announcements of Geo Pacific on Raki...

  1. 13,363 Posts.
    lightbulb Created with Sketch. 11
    Worth a look through the announcements of Geo Pacific on Raki Raki.

    The market thought they were good enough to send GPR from 15c to 70c in better times.

    What will the latest do to both GPR and PEN if we have a find like Vatukoula.

    Re-produced with the kind permission of myself to me (edited):

    "Forgive me if you think I am being a little over zealous here, but are we (literally) sitting on a gold mine with PEN?

    I realise nearology etc, but RR does have good historical results from only 3-4 years ago. Results that sent Geo Pacific from 15c to 70c in a few months. GPR is currently trading at 6.4c and in the midst of a cap raising to drill RR.

    PEN is 5.2c and has to do nothing but ride on the back of GPR's drilling at RR. The obligation to drill is GPR not PEN.

    IF RR finds what has now been found at Vatukoula then I believe very conservatively PEN (us) are about to have the ride of our lives!

    Over to the floor...IMO PEN could spike to over 15-20c on the back of any major gold find, let alone Lance!"
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $366.3M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $2.185M 19.39M

Buyers (Bids)

No. Vol. Price($)
13 1892350 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 3719 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.