PEN 7.50% 7.4¢ peninsula energy limited

Sorry, don't know how to post a link and can't learn due to...

  1. 342 Posts.
    Sorry, don't know how to post a link and can't learn due to being over 50. Not sure if someone beat me to it on this info - sorry if it is a repeat.

    The following link refers to the wikileaks documents on peak oil - we have 15 years of plateau oil before production starts to diminish - this would suggest that the U boom is likely to be pumped by the obvious need to shift to new energy, not just because of the carbon dioxide problem but just simply because there is not enough oil to go around.

    Right place, right time.

    http://www.zerohedge.com/article/did-wikileaks-confirm-peak-oil-saudi-said-have-overstated-crude-oil-reserves-300-billion-bar
 
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