PEN peninsula energy limited

yep, PEN buys uranium at price of $30 and sells for over $50...

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    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
    Last edited by tutes: 26/09/21
 
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