Spot uranium price can go up to $200 overnight and it still wouldn’t affect what price PEN buys uranium at.
PEN has fixed price contract to buy uranium at around $30 until end of 2023. They then sell at $50, making a healthy profit.
This is the reason why PEN knows for a fact they will be receiving $8M-$10M in cash next year.
In 2024, they should be producing from Lance with low pH
Spot uranium price can go up to $200 overnight and it still...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $596.9K | 5.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 2490679 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1941201 | 16 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |