Gus only has two jobs right now.
I have asked him, and he tells me that there are many concerned utilities in the US looking to secure their fuel supplies. They're nervous about US-Russian relations and China; will they have access to Russian and Khazakh supply down the road. If not, what's plan B?
Might we see a situation eventuate where the rest of the world has to rely on Canadian, Australian and African resources? They say grade is king, but in the U space maybe geopolitics may become king in the not too distant future.
I'm expecting a deal in the near future, it's an imperative for PEN's progress and strategically it fits what I understand about US demand within the time frame PEN could begin supplying.
The other job is finance - I expect that's done already, just waiting on "conditions precedent" to provide collateral and then the signatures will take place.
All the above is speculation on my part.
- Forums
- ASX - By Stock
- the bigger picture
Gus only has two jobs right now.I have asked him, and he tells...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $312.3M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.8¢ | $2.048M | 20.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 628476 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 983486 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 628476 | 0.098 |
2 | 300000 | 0.097 |
4 | 443332 | 0.096 |
13 | 962304 | 0.095 |
3 | 837848 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 983486 | 7 |
0.105 | 9302657 | 49 |
0.110 | 3892792 | 38 |
0.115 | 3381918 | 21 |
0.120 | 5128739 | 34 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |