PEN peninsula energy limited

I agree things like what happened on the resin do happen. I did...

  1. 16,700 Posts.
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    I agree things like what happened on the resin do happen. I did say I just wanted to get into production rather than worry about how to spend the money before we earned it. What also happens is markets tend to overcorrect to the downside too. That's likely what's occurring here.

    I more than most should be savage on the for f'ing up twice. However, what my hard-earned experience tells me is the commodity price is more important. I could switch to other U stocks but I see a company tooled up for production of the uranium in solution. Loading and stripping are relatively straightforward. I equate it to the experience I had in stripping gold from carbon in CIP both via the AAl & Zadra strip methods. I also had some fun with the ion exchange resins cleaning up the water for the stripping which is a more common use for ion exchange.

    Disclosure: I've taken the hit less hard because I also have BOE. They too have to actually start up although they have done it before but not the ion exchange part.

    All IMVHO.
    PS Duncan Craib of BOE might have been being a bit smart when he overstated his joy on their, taking possession of their IX column.
    Last edited by arsenic: 21/08/23
 
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