Ann: PEN to present at 121 Mining Investment Americas Event, page-2

Looking forward to the presentation.

These events are always good exposure for PEN.

PEN has US exposure/assets and America is a lot more pro-uranium than what we see here in Australia.

This is from the 121 Mining Investment Americas website, as per Wayne Heili:

(I've provided a link at the end)


What is your rationale for taking part 121 Mining Investment?

Introduce retail and institutional investors to Peninsula Energy, its Lance Uranium ISR Project in the US and the reasoning behind investing now in this uniquely positioned company.


What recent news would you like to highlight to investors attending?

The US Government has approved funding of $75M to establish a uranium reserve. Very few companies including Peninsula will be eligible to supply the needed materials. Further, Peninsula is currently conducting a technical field demonstration of its low pH ISR process with ongoing news flow and updates.


What are your key goals for the next 3, 6 and 12 months?

3 Months:
Advance preparations for low pH production capacity at Lance

6 Months:
Uranium sales and off take agreements

12 Months:
Final investment decision to resume uranium production operations at Lance


What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

The operational success of the Lance Project low pH ISR transformation is being demonstrated through a field scale demonstration and pilot plant.


What do you think makes your company such a compelling investment?

State of the art uranium production facility and technology. Well funded, term debt free and low Capital requirements. Uranium markets are expected to significantly improve in 2021 while there is a substantial mine supply deficit.



https://www.weare121.com/121mininginvestment-new-york/peninsula-energy/