PEN peninsula energy limited

Peninsula Energy back on track?, page-182

  1. 3,873 Posts.
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    the downward adjustment will exceed all of your wildest dreams.. the chemistry is not working.. the well placement is incorrect.. the processing facility is delayed.. We need way more money than originally expected..
    George, or what ever your name is, is he even real???, prove me wrong!


    Sounds like some nightmare, Tilbs or a vivid imagination. Where did you get this?

    My understanding is the downgrade has been forewarned, but there are no major production issues. Overly optimistic forecasting during ramp up, which the new team is unpacking and taking time to ensure whatever they come up with for the period to get to full production capacity is realistic. Meanwhile they are finalising new timelines with their contracted customers and sorting out the funding.

    Proof will be in the pudding.
 
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