PEN 8.70% 10.5¢ peninsula energy limited

bfs stage, page-8

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    lightbulb Created with Sketch. 11
    Good question and an aspect I often think of.

    Just for a bit of fun, my best guess is it will go something like this (this is very optimistic):

    November 2009 - Announce Hydrological test results
    December 2009 - Jorc for Ross and Barber
    January 2010 - Apply for Permit (waste of time pre-Xmas)
    March 2010 - Commence BFS
    August 2010 - Permit approval to proceed
    November 2010 - Commence construction
    August 2011 - Commence production

    Somewhere in amongst my very possibly erroneous 'guestimate', will occur further land aquisition, resource extension and the big one...financing/JV/Investor buy in. I won't even hazard a guess on the latter.

    All of the above just for fun and subject to change without notice :)
 
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