Keep going Wayne. When you are producing in 24/25 and others are still waiting for permits, you can celebrate and reflect on the market reaction that’s occurring today. Thanks for being transparent with your updated plan.
Even if PEN had found a toll milling solution (URG perhaps), their DFS stated that they would still have need $60M of CAPEX to get to break even in Phase 2, now it is $95M so either way they would have needed to dillute current shareholders and take on debt so the phase 1 plan with toll milling would not be a major source of funds for CAPEX
Lets zoom out for a second.......these guys need less than $100M and will be producing 2M pounds of yellow cake in around 15 months. Share price is 9c. What other company is 15 mths out from producing yellow cake and share price is below 10c?.......surely this set back is an opportunity to buy this dip, sit tight and see an easy 10 bagger.
4 months ago they were saying they needed to raise money to build. That would have meant share dilution and private placements. I think at this point they have the money they need to build, so that risk is greatly reduced. I would be looking to buy PEN right now.
@@SzymonStas lol. I hear you. I just like to get opinions of others. However, I don’t like all the constant DILUTION. Big turnoff to invest in Pen. Seems like it’s going nowhere. Unless they start production soon (as anticipated).
Thanks Wayne keep the journey updates regularly coming - we hold tight with PEN.
Keep going Wayne. When you are producing in 24/25 and others are still waiting for permits, you can celebrate and reflect on the market reaction that’s occurring today. Thanks for being transparent with your updated plan.
Wayne is a real U executive. Not a punk like Adnani.
In your next interview, ask about the disastrous Capital Raise at 30% discount to share price which caused massive losses for current shareholders.
Even if PEN had found a toll milling solution (URG perhaps), their DFS stated that they would still have need $60M of CAPEX to get to break even in Phase 2, now it is $95M so either way they would have needed to dillute current shareholders and take on debt so the phase 1 plan with toll milling would not be a major source of funds for CAPEX
Bad form UEC pulling the rug imo. Hope PEN get to producing so they can give the finger to Amir.
why do you hold so few stocks of your own company? Seems to me you own less than one years compensation!
Only much much higher U prices can help here.
will PEN and URG merge?
@c4shflow4shflow30 Hi. Are you still presently very bullish on PEN? Which is a better investment IYO… Peninsula vs Anfield (AEC), and why? Thank you.
Lets zoom out for a second.......these guys need less than $100M and will be producing 2M pounds of yellow cake in around 15 months. Share price is 9c. What other company is 15 mths out from producing yellow cake and share price is below 10c?.......surely this set back is an opportunity to buy this dip, sit tight and see an easy 10 bagger.
@jeff3745 Hi. Are you still presently very bullish on PEN? Which is a better investment IYO… Peninsula vs Anfield (AEC), and why? Thank you.
4 months ago they were saying they needed to raise money to build. That would have meant share dilution and private placements. I think at this point they have the money they need to build, so that risk is greatly reduced. I would be looking to buy PEN right now.
@@SzymonStas PEN vs AEC? Which much better investment?
Sounds like maybe you should look at the ETFs if you’re not able to figure that out yourself
@@SzymonStas lol. I hear you. I just like to get opinions of others. However, I don’t like all the constant DILUTION. Big turnoff to invest in Pen. Seems like it’s going nowhere. Unless they start production soon (as anticipated).
WHAT HAPPENS ALONG THE WAY -UEC come and do a take over??
All talk but action opposite.
PEN not a worthy investment?
GLAD YOU ARE EXPALANING TO HOLDERS N JUST KEPT QUIET AND TREAT AS AS FOOLS!
...... free falling.... this is sad... termination partnership