PEN 2.38% 10.8¢ peninsula energy limited

Ann: Mineral Resource Increases 19.6% within Lance LOM Plan Area, page-38

  1. 9,546 Posts.
    lightbulb Created with Sketch. 1021
    Sure a short circuit Wells configuration would produce higher recovery rates but that doesn't make it economical as PEN will need more wells and higher cost of acid.
    From memory PEN try 3 more distance field trials Well configurations and all failed poorly to recovery, so final field trial was a short circuit one..

    How PEN production recovery rates and economic is unknown and why PEN MC is where it is,.. producer or pretender..????
 
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