This is a great change . It essentially means they can start production and while waiting for the U price to increase , the can make money , stream line production etc . I would suggest based on locked in contracts and time to production PEN have at least 3 years for U price to move higher . We know U price can move quickly so that gives plenty of time to see significantly higher prices. A great move that decreases risks while maintaining upside
Very good BRR, page-11
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $358.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $539.6K | 4.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2310690 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1902061 | 24 |
View Market Depth
| Last trade - 14.00pm 15/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |