PEN 4.55% 11.5¢ peninsula energy limited

Howdy rockme"Fact is the more i look at PEN the riskier it seems...

  1. 43,655 Posts.
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    Howdy rockme

    "Fact is the more i look at PEN the riskier it seems to become, many here were touting production by mid 2012, we nearly in 2012 and you don't even have a DFS on the table(you'll be lucky to produce at all)then look for
    financiers in this economic climate, with such a depressed sp and the longer it takes the more the blow out of the CAPEX these are just a few facts, i can write a book on the risk that lie ahead for this co.and it doesn't look good"

    A very interesting perspective. I will happy to proof read the book if you like :-)

    This is a game of chance and anything can happen.

    I am bit sure of your comment re the "..blow out of the CAPEX..."

    Thanks for any reply
    Trees
 
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