Even still at current spot price of U $59/lbd inground value is around $4.5 billion USD.
Lets say a CAPEX of $1 billion.
Pen has around 1 billion shares on issue.
Its worth at least $3.50 USD.
revised exploration target sizes at lance proj, page-8
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
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| PEN (ASX) Chart |