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26/03/25
10:39
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Originally posted by Lord Bell:
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Arsenic ...I can but agree...I'm keeping my fingers crossed...we know the acid methodology works in major mines throughout the world not least the largest in Kazacstan that produces 40% of the worlds Uranium requirements...now we apparently have the right engineer ...and the right technology and plenty of Reserves and Resources to make it all a great success ...but as we know there is many a slip between the cup and the lip!!!! We know the contract price is good....hopefully the cost structure is also good.The share price based on projected revenue/ profits flow is certainly not reflecting a realistic share price . All going well there should be a major jump in price....but that is exactly the rub ...that is what is holding back a positive share price movement ....Still not long to go...All will be revealed in fullness of time. All the Best to All
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The phrase is "I can't but agree." The correct spelling is Kazakhstan. And you have a go at phish's English? You continue to embarrass yourself. The share price is real. It reflects the market's rather dim view of PEN's production and cash flow forecasts.