PEN 1.25% 8.1¢ peninsula energy limited

Ann: Half Yearly Report and Accounts, page-16

  1. 7,245 Posts.
    lightbulb Created with Sketch. 1227
    You're conflating contracts with production capacity.

    Unlike most other U companies PEN has contracts. Those contracts are for a few hundred thousands lbs per year, yes but they aim to produce 1.15m lbs in stage 1 then on to 2.3mlbs in stage 2 and 3m lbs in stage 3 - leaving the additional uncontracted production available to new contracts such as the DOE stockpile or utilities.
    Last edited by ura_bull: 12/03/21
 
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