PEN
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2.38% 8.2¢ peninsula energy limited

today's action , page-164

  1. Hangseng
    13,367 Posts.
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    18/03/14
    10:30
    Post #: 13139752
    Hi TJH :-)

    Yes it is a "bi-product" on the processing plant at Lance. Would need to check estimates again, but a surge in the price of vanadium is good for PEN.

    Molybdenum is a bi-product of Karoo and is in significant quantities at very high grades. It literally "Halo's" the uranium at Karoo.

    Both add value and help offset OPEX costs and the bottom line.
    PEN Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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