PEN 5.00% 10.5¢ peninsula energy limited

Ann: Low pH Field Demonstration Update, page-32

  1. 3,288 Posts.
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    yep, phish posting wrong facts again!

    maybe he’s thinking ‘7 years’ because that’s how long uranium explorers/developers (like his holding with VMY) have to wait before they actually make money from uranium sales

    there’s so much to do in 7 years, eg getting DFS done, EIS done, regulatory approvals, building infrastructure, etc etc and all that costs over $300M to do too (money which these explorers/developers don’t have - better expect plenty of CRs along the way)

    so maybe he’s getting confused!

    thankfully PEN is past all that and receiving revenue. nothing against U explorers, but I’ve been through all that process with PEN and am ready to reap the rewards to come



 
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