Peninsula erweitert Uran Portfolio
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seit Anfang 2010: http://www.proactiveinvestors.com.au/companies/news/4288/broker-places-010-price-target-on-peninsula-minerals-4288.html
Januar 2010 - 10 cent, dann 12, 15 und jetzt 18 cent. Wie schnell ändert sich die Meinungen von Brocker und Analysten!
Die homepage von Peninsula ist derzeit nicht zugänglich. Einfach klasse, dass weitere Resourcen aus Karoo in S.A. demnächst dazu gezählt werden dürfen. ;-))
Stetiger Newsflow, koninuierliche positive Kursentwicklung ... Hier paßt bisher alles zusammen und so sollte es weiter gehen.
PDN did from 1.8 cents to $5.50 (Paladin entwickelte den Kurs von 1.8 cent auf 5.50 AUD)
EXT from now where to $10(no production yet) (Exeter auf bis 10 AUD, ohne bis jetzt zu produzieren)
PEN production is just 12 months away. Keeping the NRC speed of mining approval recent history, some positive news MUST flow shortly.
PEN plant in 12 Monaten in Produktion zu gehen. Bei derzeit zügigen Erteilungen von Minenlizenzen sollten demnächst positive News berichtet werden.
sircorp ist der PEN-Experte in einem australischen Thread bei topstocks.com, kennt das Unternehmen und die Entwicklung von der Pieke auf. Es motiviert, seine Postings zu lesen. Seine Einschätzungen finde ich persönlich sehr hilfreich. Schade, dass das Interesse für PEN in D noch limitiert ist.
Mfg
Why Look At Uranium Stocks?
Nuclear power is poised to play a key role in meeting our energy challenges and realizing our potential as the 21st century unfolds.
Uranium isn’t the headline-grabbing commodity that gold or oil are, but it’s been a rising star as of late thanks to tightening supplies and a buoyant demand outlook.
Over the last year, the price of uranium has risen significantly, partly in response to a number of supply-related issues, including production difficulties at Energy Resources of Australia Ltd. and French conglomerate Areva. In the meantime, increased demand from Asian utilities promises to send demand for the nuclear fuel rising further.
TDNewcrest analyst Greg Barnes raised his uranium price forecasts for 2011 through 2014, as well as in the longer term. He now expects the spot uranium price to average $75 (U.S.) a pound in 2011, up 20 per cent from his earlier forecast. His long-term price, which starts in 2016, was raised to $70 a pound
Uranium is different than most energy commodities as most of the trading is conducted in the overthe- counter market. There is a spot market and an illiquid futures market, but they play a lesser role in setting prices than they do for oil or natural gas. One good thing about uranium is that the cost of the fuel is relatively small in comparison to the cost of the nuclear power plant. So once the decision to build a nuclear reactor is made, it is likely that this nuclear reactor will reliably use a lot of uranium for 30 to 40 years. So investors should pay
attention to the number of new reactors coming on the market. Currently, there are close to 100 new reactors coming on line in the next 10 years.
About 85% of total annual production is sold under long-term contracts, and the other15% trades on the spot market. The rule of thumb is the bigger the uranium producer, the more geared it is toward long-term contracts. You have to remember that since 1985, uranium use has exceeded the available supply from Western sources. Production from mining currently satisfies just 62% of market demand.
The remaining supply of uranium comes from reprocessing of used reactor fuel, stockpiles, and the dismantling of nuclear weapons. This is a 25-year shortfall in production that could cause the previous $140 high-water mark established in 2007 to be exceeded as new reactors come online. A major source of uranium — the dismantling of Russian nuclear weapons — is due to end in 2013, which will result in the equivalent of a large mine being completely shut down. More reactors and a tighter uranium market mean higher prices.
In this newsletter, I will concentrate on Peninsula Energy Limited (PEN).
PEN engages in the exploration and development of uranium properties located in the United States, South Africa, and Western Australia. It holds interests in the Lance uranium project located in Wyoming; Karoo uranium/molybdenum project located in Karoo Region of South Africa; and Raki Raki gold project located in the Fiji Islands, as well as owns uranium exploration projects in Western Australia. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010. Peninsula Energy Limited is based in Subiaco, Australia
PEN is not just riding the uranium wave – they have secured sales
PEN has announced a significant sales agreement to supply 1.15mlb U3O8 to a large (unnamed US utility). The agreement is for supply over 7 years (~165klb per annum). This does several important things for PEN:
- Firstly, it cements a base price for its product (which is consistent with the average PFS price of US$74 per lb); and
- Secondly, it indicates a high level of industry certainty regarding the development of the Company’s Lance Projects (production slated for 2012, decision to mine expected in H1 2011).
The transaction leaves room for additional contracts, including a majority supply agreement with an off-take partner that may also participate in future funding requirements. The company remains well funded for all activities in the near term. Peninsula is not just riding the wave from the recent uplift in uranium price (although it is perfectly positioned to benefit from it) but is continuing to make significant progress towards first production from its 100% owned Lance Projects, onshore USA.
The company has recently submitted key permitting applications, upgraded its resource and obtained cornerstone investment from Pala Investments Ltd. Peninsula has many catalysts over the coming months, including; completion of definitive feasibility (April), decision to mine, initial drilling results from the Karoo, acceptance of key permitting documents, continued resource upgrades and potential growth driven by acquisitions or new permits.
The strong flow of news, combined with strength in the sector, should result in continued re-rating to both our valuation and price target.
The chart below shows a strong up-trend over the last 5 months but has corrected slightly during the last week. It could well be an opportunity to buy on this dip, as long as the continuation of the uptrend is confirmed.
I guess the chart is easy enough to understand. After a strong up-trend, we have a small correction, I would like to see a full candle above 14 cents to trigger my entry point.
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Disclaimer: Any financial product information contained in this newsletter is general information only and has been prepared without considering your objectives, financial situation or needs. Before making any investment decision you need to consider whether the advice is appropriate for you. We are not licensed financial advisors.
Quelle asxnewbie
Wed, 2 Mar 2011 19:18:00 +1000 5 hours, 48 minutes ago
3 March 2010 C omp a ni es An n ouncem e nt O f fi c e Via Electronic Lodgement NOTICE UNDER SECTION 708A An Appendix 3B was released today for the issue of 1,000,000 listed PENOC Options exercisable at 3 cents on or before 31 December 2015 (Options), under a project financing agreement. The Company gives notice pursuant to Section 708A (5)(e) of the Corporations Act that: (a) (b) (c) The Options were issued without disclosure under Part 6D(2) of the Corporations Act. The Company, as at the date of this notice, has complied with the provisions of Chapter 2M of the Corporations Act and Section 674 of the Corporations Act.
There is no excluded information to be disclosed for the purposes of Section 708A (7) and (8) of the Corporations Act. Yours Sincerely Jonathan Whyte Company Secretary For further information, please contact our office on (08)9380 9920 during normal business hours. Level 1, 477 Hay Street, Subiaco WA 6008, Phone: +61 (0)8 9380 9920 PO Box 8129, Subiaco East WA 6008 Fax: +61 (0)8 9381 5064 Peninsula Energy Limited - ABN: 67 062 409 303.
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Peninsula Minerals New issue announcement
Wed, 2 Mar 2011 19:16:00 +1000 5 hours, 54 minutes ago
Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Peninsula Energy Limited ACN 67 062 409 303 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be Listed Options issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 1,000,000 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Listed PENOC Options exercisable at 3 cents on or before 31 December 2015 + See chapter 19 for defined terms. 24/10/2005 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration Nil Yes 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) Issue of options under project financing agreement .
7 Dates of entering +securities into uncertificated holdings or despatch of certificates 2 March 2011 8 Number and of all +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number 2,082,328,714 +Class Ordinary Fully Paid Shares Options exercisable at 3 cents on or before 30 June 2012 (PENOA) Options exercisable at 3 cents on or before 31 December 2015 (PENOC) 410,222,806 464,275,885 + See chapter 19 for defined terms. Appendix 3B Page 2 1/1/2003 Appendix 3B New issue announcement Number 9 Number and ....
Price at Announcement
Code: PEN Price: $0.130 Current Price
Code: PEN Price: $0.130
Share Price last 60 days Company Profile
About Peninsula Minerals
Phone: (08) 9420 9333
Fax: (08) 9321 2477
GIGS : Materials
Shares on Issue : 960680000
Profile: Peninsula Minerals Limited is an Australia-based mineral exploration company. The Company has projects located in South Africa, Tanzania, Fiji, South Australia and Western Australia. It has projects in uranium, gold, talc and nickel. During the fiscal year ended June 30, 2007 (fiscal 2007), the Company acquired 100% of PacMag Metals ...
Activities: Acquisition and exploration of mineral tenements.
Quelle wotnews
Thu, 3 Mar 2011 16:13:00 +1000 1 hour, 15 minutes ago
3 March 2011 Companies Announcement Office Via Electronic Lodgement ABARE URANIUM SECTOR REVIEW AND OUTLOOK Peninsula Energy Limited (Peninsula) advises that a report on the Uranium Sector published by the Australian Bureau of Agricultural and Resource Economics (ABARE), as part of their March Quarter 2011 Australian Commodities Report, has been uploaded onto Peninsula’s website. To view a copy of the report, please visit Peninsula’s website: http://www.pel.net.au/investor_info/...lian_commodities_report_.phtml Yours sincerely Jonathan Whyte Company Secretary For further information, please contact our office on +61 8 9380 9920 during normal business hours. Level 1, 477 Hay Street, Subiaco WA 6008, Phone: +61 (0)8 9380 9920 PO Box 8129, Subiaco East WA 6008 Fax: +61 (0)8 9381 5064 Peninsula Energy Limited - ABN: 67 062 409 303.
Quelle wotnews
greetz,
lerocker
greetz,
lerocker
http://www.asx.com.au/asxpdf/20110309/pdf/41x9yq56rxydx0.pdf
greetz,
lerocker
Wed, 9 Mar 2011 11:10:00 +1000 6 hours, 56 minutes ago
9 March 2011 Companies Announcement Office Via Electronic Lodgement PENINSULA ENERGY LIMITED BROADCAST Peninsula Energy Limited (Peninsula) provides the opportunity to listen to an audio broadcast with Mr John (Gus) Simpson, Executive Chairman, in a presentation titled “Peninsula Energy: High Grade Drill Results Continue at Lance“. The presentation details are as follows:    Peninsula Energy: High Grade Drill Results Continue at Lance Presented by Mr John (Gus) Simpson, Executive Chairman Available Wednesday 9 March 2011, 12.30pm AEDST To listen, simply visit the Peninsula website at: http://www.pel.net.au/investor_info/presentations.phtml. Yours sincerely Jonathan Whyte Company Secretary For further information, please contact our office on +61 8 9380 9920 during normal business hours.
Level 1, 477 Hay Street, Subiaco WA 6008, Phone: +61 (0)8 9380 9920 PO Box 8129, Subiaco East WA 6008 Fax: +61 (0)8 9381 5064 Peninsula Energy Limited - ABN: 67 062 409 303.
Quelle wotnews
Thu, 10 Mar 2011 13:54:00 +1000 4 hours, 29 minutes ago
Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Peninsula Energy Limited ACN 67 062 409 303 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be Ordinary Fully Paid Shares issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 3,523,325 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Listed Options (PENOA options exercisable at $0.03 on or before 30 June 2012 and PENOC options exercisable at $0.03 on or before 31 December 2015). + See chapter 19 for defined terms.
24/10/2005 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 2,067,307 @ $0.03 (PENOA) 1,456,018 @ $0.03 (PENOC) Yes 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) Exercise of Listed Options (PENOA and PENOC) . 7 Dates of entering +securities into uncertificated holdings or despatch of certificates 8 March 2011 8 Number and of all +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number 2,085,852,039 +Class Ordinary Fully Paid Shares Options exercisable at 3 cents on or before 30 June 2012 (PENOA) Options exercisable at 3 cents on or before 31 December 2015 (PENOC) 408,155,499 462,819,867 ....
Quelle wotnews
Ich denke ja....und das wird glaube ich recht gravierend für alle sein...ist nun die Frage. Bleibt der Uran boom bestehen oder wie geht es weiter? Wäre nett ein paar meinungen zu hören?
Kenne keine andere (kostenfreie) Methode, außer Bid / Offer auf den Seiten der ASX.
Leider halt ohne jeweilige Volumen - das würde nun schon sehr interessieren .-)
aber wird auf jeden Fall ne Spannende Kiste heute Nacht / Morgen.
im Nachbarthread gelesen : Arabische Börsen reagierten gelassen, einiges im plus .-) läßt doch hoffen!
greetz,
lerocker
http://www.asx.com.au/asxpdf/20110314/pdf/41xdp0l2xdzy33.pdf
greetz,
lerocker