PEN 4.55% 11.5¢ peninsula energy limited

Hearing, page-58

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    "Is this just due process that has to be undertaken if u wanna produce u in the US of A?"

    No - its a result of a successful intervention by groups concerned about aspects of the project and the approval process for it.

    Strata's predecessors in Wyoming did not have to contend with a SML intervention (although Ur-energy did experience an intervention in regard to its BLM approvals).

    All 3 contentions may be dismissed. But they may not.

    Your question "are we putting to much weight on the hearing?" cannot be answered. It is up to each individual to answer that according to their own reading of the issues and risks involved.

    If you want guidance on the potential downside, I suggest you familiarize yourself with the Hydro Resources case. That is highly unlikely to be repeated, but there are still risks.
    Last edited by vintage: 07/10/14
 
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