PEN 7.69% 8.4¢ peninsula energy limited

uranium highlights, page-7

  1. 2,180 Posts.
    Just listened to interview- great story- USA is U308 hungry with 20% electricity coming from Uranium source- supply 4 million pounds/
    demand 55 million

    if we are producing by mid -late 2013 we will have timed the market perfectly in terms of supply/demand and conversly the contract prices should be around $70/lb

    PEN look a good buy at current prices ....Im loading up on OC'S while they are currently at 3-4c as by time they expire in 2015 the heads could be at 15-20 c which could put the OC;S at 12c+ providing massive massive leverage at todays prices

    MMM
 
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