PEN 0.00% 11.5¢ peninsula energy limited

some serious buy @2.3, page-44

  1. 281 Posts.
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    Only thing different from back then is sure the uranium spot has taken a significant hair cut, however long term price sits at $50lb which is still profitable at PENs operational costs, we are now significantly more so de risked, management have gone ahead with site preparation/ CPP construction, we are due our final permits in the coming months (as stated by regulatory officials) and due to the Fukushima disaster and flow on effects we are faced with an extreme uranium shortfall in the coming years. Pen is definitely a risk I'm willing too and have taken again.
 
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9 864316 11.0¢
 

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11.5¢ 1596253 16
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