PEN 2.22% 8.8¢ peninsula energy limited

You are clueless. Have you got an order in the queue at 30c? We...

  1. 2,216 Posts.
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    You are clueless. Have you got an order in the queue at 30c?

    We are currently fulfilling USD $50+ contracts with spot purchases at USD $25 for the next 3 years!!!. Based on the Syd briefing this week we will profit $17m from this,, hence the prediction of being cash flow positive this 1/4. No chance of your dire prediction. Where do you come up with this scaremongering crap.

    Low sp is primarily due to Global X ETF who own 7.6% indiscriminately selling due to negative capital outflows because of poor U sentiment. As soon as the U price turns and money flows back into the ETF the sp will rebound sharply as they will have to start buying again. IMO what a great chance to load up which is exactly what Im doing.

    .
    Last edited by nitrogeon: 23/06/17
 
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