Board Change • May 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Brian Booth is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 16
Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 36.071115 million. Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 36.071115 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,659,484
Price\Range: AUD 0.35
Discount Per Security: AUD 0.01925
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 62,400,844
Price\Range: AUD 0.35
Discount Per Security: AUD 0.01925
Transaction Features: Rights Offering; Subsequent Direct Listing Annuncio • Aug 22
Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 69.867887 million. Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 69.867887 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 159,994,581
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,898,374
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Transaction Features: Rights Offering; Subsequent Direct Listing Annuncio • Jun 14
Peninsula Energy Limited Announces Executive Changes Peninsula Energy Limited announced that its Chief Operating Officer and Senior Vice President of Geology, Mr. Frederic Guerin, will step down from his position as of 18 July 2025. He has advised the Company that he needs to take time to attend to a personal matter. Peninsula is in discussions with Mr. Guerin about retaining access to his services in an advisory and
mentorship capacity in 2026. Mr. Jitu Bhudia will assume all site finance responsibility as part of his role as Chief Financial Officer for Peninsula. Breakeven Date Change • Nov 15
Forecast breakeven date moved forward to 2025 The 4 analysts covering Peninsula Energy previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$6.19m in 2025. Earnings growth of 46% is required to achieve expected profit on schedule. Annuncio • Oct 18
Peninsula Energy Limited, Annual General Meeting, Nov 21, 2024 Peninsula Energy Limited, Annual General Meeting, Nov 21, 2024. Location: bdo, jarrah room, level 9, mia yellagonga tower 2, 5 spring street perth wa 600, perth Australia Breakeven Date Change • Oct 16
Forecast breakeven date pushed back to 2026 The 4 analysts covering Peninsula Energy previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$33.7m in 2026. Average annual earnings growth of 82% is required to achieve expected profit on schedule. Reported Earnings • Sep 11
Full year 2024 earnings released: US$0.007 loss per share (vs US$0.003 loss in FY 2023) Full year 2024 results: US$0.007 loss per share (further deteriorated from US$0.003 loss in FY 2023). Revenue: US$11.9m (down 71% from FY 2023). Net loss: US$12.4m (loss widened 252% from FY 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 40% per year. Breakeven Date Change • Jun 30
Forecast breakeven date pushed back to 2025 The 4 analysts covering Peninsula Energy previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$10.2m in 2025. Average annual earnings growth of 44% is required to achieve expected profit on schedule. Breakeven Date Change • May 28
Forecast breakeven date moved forward to 2024 The 4 analysts covering Peninsula Energy previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$1.63m in 2024. Earnings growth of 60% is required to achieve expected profit on schedule. Annuncio • May 16
Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 105.875075 million. Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 105.875075 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 528,538,693
Price\Range: AUD 0.1
Discount Per Security: AUD 0.005
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 530,212,052
Price\Range: AUD 0.1
Discount Per Security: AUD 0.005
Transaction Features: Rights Offering; Subsequent Direct Listing Breakeven Date Change • Apr 30
Forecast to breakeven in 2025 The 4 analysts covering Peninsula Energy expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$5.38m in 2025. Average annual earnings growth of 62% is required to achieve expected profit on schedule. Breakeven Date Change • Apr 11
Forecast breakeven date pushed back to 2026 The 3 analysts covering Peninsula Energy previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$48.1m in 2026. Average annual earnings growth of 50% is required to achieve expected profit on schedule. Reported Earnings • Mar 18
First half 2024 earnings released: US$0.007 loss per share (vs US$0.003 loss in 1H 2023) First half 2024 results: US$0.007 loss per share (further deteriorated from US$0.003 loss in 1H 2023). Revenue: US$11.9m (down 3.5% from 1H 2023). Net loss: US$8.44m (loss widened 219% from 1H 2023). Revenue is forecast to grow 39% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. New Risk • Jan 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Annuncio • Jan 17
Peninsula Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million. Peninsula Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 666,666,667
Price\Range: AUD 0.075
Discount Per Security: AUD 0.003563
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Breakeven Date Change • Dec 07
Forecast breakeven date moved forward to 2025 The 3 analysts covering Peninsula Energy previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 54% to 2024. The company is expected to make a profit of US$45.9k in 2025. Average annual earnings growth of 55% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 27
Forecast breakeven date moved forward to 2025 The 3 analysts covering Peninsula Energy previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$2.85m in 2025. Average annual earnings growth of 53% is required to achieve expected profit on schedule. Annuncio • Nov 21
Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 50 million. Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 50 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 666,666,667
Price\Range: AUD 0.075
Discount Per Security: AUD 0.003563
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Nov 20
Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Peninsula Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 133,333,334
Price\Range: AUD 0.075
Security Features: Attached Options Buying Opportunity • Nov 07
Now 34% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be €0.098, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 66%. Revenue is forecast to decline by 12% in 2 years. Earnings is forecast to grow by 50% in the next 2 years. Annuncio • Oct 05
Peninsula Energy Limited, Annual General Meeting, Nov 21, 2023 Peninsula Energy Limited, Annual General Meeting, Nov 21, 2023. Agenda: To consider the election of directors. Reported Earnings • Sep 29
Full year 2023 earnings released: US$0.003 loss per share (vs US$0.005 loss in FY 2022) Full year 2023 results: US$0.003 loss per share (improved from US$0.005 loss in FY 2022). Revenue: US$40.4m (up 121% from FY 2022). Net loss: US$3.53m (loss narrowed 23% from FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 31
Peninsula Energy Limited and Strata Energy Inc. Announces the Results for A Revised Production Plan on the Ross & Kendrick Production Areas Within its 100% Owed Flagship Lance Projects Peninsula Energy Limited and its wholly owned subsidiary, Strata Energy Inc. announced the results for a revised production plan on the Ross & Kendrick production areas ("Ross & Kendrick") within its 100% owed flagship Lance Projects ("Lance" or "The Project"), located in Wyoming, USA. A newly revised Life of Mine ("LoM") model for Ross & Kendrick mitigates third party processing risks by bringing the complete process of uranium yellowcake production in-house, from the commencement of production. The revised production strategy for Lance has established a robust and resilient project development plan for the Ross and Kendrick Production Areas, which will see production commence in late current year 2024. The LoM model is based on a total resource base of 21.8Mlbs U3O8 estimated to be contained within the Ross and Kendrick production areas at Lance. The revised plan excludes the contiguous Barber Resource Area and sets the total cost of the plant against Ross & Kendrick production. The expanded plant functionality will be available to process future output from the 31.9Mlb U3O8 resource base at Barber, highlighting the opportunity for significant future growth for the Lance Projects. A LoM production profile that is based on detailed mining, metallurgical and scheduling factors has been developed for the Ross and Kendrick production areas. The updated production profile reflects a faster ramp-up to substantial rates, through the availability of a complete 2.0Mlb p.a. production plant from commencement of production. Production (plant operations) is projected to start in December 2024 and a production output of ~1.1Mlbs is projected for current year 2025. Production in the first two years is planned to be solely from the Ross production area, which has a much higher proportion of Measured and Indicated Resources than the Kendrick production area. Production from Kendrick is planned to commence in 2027. This means that most of the production during the first five years is from the higher confidence Measured and Indicated Resource categories. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$5.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.5m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€68.2m market cap, or US$74.0m). New Risk • Jul 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €83.8m (US$93.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€83.8m market cap, or US$93.1m). Breakeven Date Change • Jul 20
Forecast breakeven date pushed back to 2026 The 2 analysts covering Peninsula Energy previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$10.0m in 2026. Average annual earnings growth of 70% is required to achieve expected profit on schedule. New Risk • Jul 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$5.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.5m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Reported Earnings • Mar 17
First half 2023 earnings released: US$0.003 loss per share (vs US$0.004 loss in 1H 2022) First half 2023 results: US$0.003 loss per share (improved from US$0.004 loss in 1H 2022). Revenue: US$12.3m (up 33% from 1H 2022). Net loss: US$2.64m (loss narrowed 27% from 1H 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 19
MD, CEO & Director recently bought €119k worth of stock On the 13th of December, Wayne Heili bought around 2m shares on-market at roughly €0.078 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Wayne's only on-market trade for the last 12 months. Breakeven Date Change • Dec 06
Forecast breakeven date moved forward to 2024 The 3 analysts covering Peninsula Energy previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 12% to 2023. The company is expected to make a profit of US$3.11m in 2024. Average annual earnings growth of 85% is required to achieve expected profit on schedule. Reported Earnings • Sep 30
Full year 2022 earnings released: US$0.005 loss per share (vs US$0.002 loss in FY 2021) Full year 2022 results: US$0.005 loss per share (further deteriorated from US$0.002 loss in FY 2021). Revenue: US$18.3m (up 87% from FY 2021). Net loss: US$4.56m (loss widened 232% from FY 2021). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Breakeven Date Change • Jun 30
Forecast breakeven date pushed back to 2023 The 3 analysts covering Peninsula Energy previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of US$6.00m in 2023. Average annual earnings growth of 102% is required to achieve expected profit on schedule. Board Change • May 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Ken Wheatley was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 29
High number of new directors Non-Executive Director Rachel Rees was the last director to join the board, commencing their role in 2022. Reported Earnings • Mar 17
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: US$0.004 loss per share (down from US$0.002 loss in 1H 2021). Revenue: US$9.25m (up 233% from 1H 2021). Net loss: US$3.62m (loss widened 107% from 1H 2021). Revenue missed analyst estimates by 34%. Over the next year, revenue is forecast to grow 94%, compared to a 43% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Breakeven Date Change • Feb 18
Forecast to breakeven in 2022 The 3 analysts covering Peninsula Energy expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$1.10m in 2022. Earnings growth of 66% is required to achieve expected profit on schedule. Breakeven Date Change • Dec 02
Forecast to breakeven in 2022 The 2 analysts covering Peninsula Energy expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$999.9k in 2022. Earnings growth of 72% is required to achieve expected profit on schedule. Reported Earnings • Oct 01
Full year 2021 earnings released: US$0.002 loss per share (vs US$0.027 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: US$9.78m (up 61% from FY 2020). Net loss: US$1.37m (loss narrowed 82% from FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Breakeven Date Change • Oct 01
Forecast to breakeven in 2022 The 2 analysts covering Peninsula Energy expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$999.9k in 2022. Earnings growth of 72% is required to achieve expected profit on schedule. Reported Earnings • Mar 13
First half 2021 earnings released: US$0.20 loss per share (vs US$0.03 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: US$2.78m (up 23% from 1H 2020). Net loss: US$1.74m (loss narrowed 77% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 01
Full year earnings released - €0.027 loss per share Over the last 12 months the company has reported total losses of US$7.73m, with losses narrowing by 81% from the prior year. 
