PEN 0.00% 11.5¢ peninsula energy limited

Very good BRR, page-11

  1. 20,391 Posts.
    lightbulb Created with Sketch. 1990
    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
 
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