Forum Topics PEN PEN PEN valuation

Pinned valuation:

Last edited 10 months ago
Justification

Tiime to buy?

Delay shouldn't affect the balance sheet.

Solvetheriddle
10 months ago

@raymon68 my understanding is that thye need to build the capacity to process the ore, since the toll agreement was terminated. since they were about to start production it almost appears vindictive re the timing. not sure how long and how much it will cost. they planned to do this with cashflow from the produciotn from the tolling but now have to go early on this, not too sure with they need more money for this, looks close. need those numbers to be sure. imo

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