yep, PEN buys uranium at price of $30 and sells for over $50 until end of 2022. That’s a good margin and is the reason why PEN knows they will receive $8M - $10M in cash next year
doesn’t matter if spot price rises to $200 overnight, it doesn’t change the above fact
After 2022, PEN will probably be mining using low pH and would have signed new supply contracts by then
yep, PEN buys uranium at price of $30 and sells for over $50...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.6M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.0¢ | $1.607M | 15.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 4948394 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 8672475 | 36 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |