PEN 1.15% 8.8¢ peninsula energy limited

Step aside Gus, page-49

  1. 482 Posts.
    lightbulb Created with Sketch. 32
    How much further does the market cap need to drop before a takeover is worthwhile??
    $80 Million??
    Not going to be cash flow positive until stage 2 is up and running, U308 prices likely to flounder for the foreseeable future.
    Not aware of any positive catalysts in the near future. Trend since 50:1 consolidation is plummeting.
    Good time to top up???? Really????
    I think a better time will be in 3 months time (or much, much longer).
    What's your thoughts?
 
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