PEN peninsula energy limited

Absolutely correct (imo also), which is why I'm heavily invested...

  1. 5,394 Posts.
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    Absolutely correct (imo also), which is why I'm heavily invested here (for good or for bad lol). I think our AISC (all in sustaining cost) of a pound of u308 (approx. 42USD /lb) is a little pricey comparative to some peers - but we are a US based sovereign resource (which is valuable from a geopolitical perspective). Our production rate of 1.1m /lb in the first year, scaling to average of 1.8m /lb thereafter, and mine life of approx. 10 years in current state (not including developing new areas/exploration) is a little on the low side also....but again, theoretically we'll be in production within 10 months from now...so another positive. I think buying at these levels (0.10, and below), you'll be easily reward with a 50% gain within 10months (0.15-0.16) and that is extraordinarily conservative, almost to a point of ridiculously low expectations (but as they say, "set the bar low, and you'll never be disappointed"...the story of my life..).
 
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