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4.35%

11.0¢ peninsula energy limited

Agreed, though PEN is already off budget. They had 20m pre...

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HarrytheCarry

342 Posts.

20

02/05/24

10:38

Post #: 73625010
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Originally posted by Drswing: ↑

Often see this in markets - when the future is 'known', there is little to speculate about. BMN, LOT, AGE, and a few others are in interesting positions where they have yet to make the FID, have cash on the books, and are just riding the uranium wave. Whereas the likes of PDN, BOE, and soon to be PEN, are producing, with a fairly known path forward. At least that is my explanation. Either way - if PEN can delivery it's plant on time and roughly on budget, we are severely undervalued. Sometimes it's easy to chase the 'sexy stuff' rather than sitting tight....but I suspect in 6 months sitting tight will pay off (not financial advice).

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Agreed, though PEN is already off budget. They had 20m pre production capital requirements increase and a 5m to group funding in April 11th contractor budget announcement.

PEN Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $306.2M

Open	High	Low	Value	Volume
11.5¢	11.5¢	10.8¢	$1.280M	11.61M

Buyers (Bids)

No.	Vol.	Price($)
2	140000	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	4940204	19

View Market Depth

No.	Vol.	Price($)
2	140000	0.110
91	8695338	0.105
111	12511304	0.100
9	884230	0.099
5	402825	0.098

Price($)	Vol.	No.
0.115	4940204	19
0.120	8396534	79
0.125	2031385	27
0.130	2080831	25
0.135	2777967	16

Last trade - 16.10pm 04/06/2024 (20 minute delay)


Last 11.0¢			Change -0.005 ( 4.18 %)
Open	High		Low	Volume
11.5¢	11.5¢		10.8¢	5253309
Last updated 15.58pm 04/06/2024 ?

PEN (ASX) Chart