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0.00% 11.0¢ peninsula energy limited

If Spot price goes up to $80/p then PEN will be in trouble and...

  1. ML173
    9,550 Posts.
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    29/10/21
    14:45
    Post #: 57182961
    If Spot price goes up to $80/p then PEN will be in trouble and must produce. Can’t buying spot to sell into contracts @50/p any more for annual cash. As the spot price increase, PEN must produce in order to stay afloat. Gluck

    Last edited by ML173: 29/10/21
    PEN Price at posting: 25.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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