PEN 4.76% 10.0¢ peninsula energy limited

What is causing the share price to drop like it is ?, page-25

  1. 15,629 Posts.
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    Forget all the construction update blah. Lets cut to the chase. I've posted on this before.

    Once the water recovery has been tested. As soon as we start getting increasing uranium grades in solution as far as I'm concerned it's a goer and the price should move up. I.e. presumption of recovery onto the ion exchange resins. In reality there should be a gradient (progressive) of price movement upwards between water testing and any announcement of U grades in solution. Then there will be some excitement for option holders particularly the OC boys (and girls).

    The US listing stuff is secretive by nature but it will be superimposed on the above. Dont know how much Gus can control it.
 
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