PEN 0.00% 11.0¢ peninsula energy limited

News: Peninsula DFS & Lance drilling program upda, page-78

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    re: News: Peninsula DFS & Lance drilling prog... Alright let me clarify that I'm not lashing out at leaching, labeling it badly or suggesting that PEN shouldn't be using ISL. I am simply trying to explain the delay in the BFS.

    Sorry for trying to provide peace of mind to shareholders. Some of you have dramatically misunderstood where I am coming from here!

    All I am saying is that due to the chosen ore extraction method, reserve defining takes longer because stringent EIS needs to take place, and this is the likely source of delay in getting the BFS out there.
 
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