re: Ann: Feasibility Process Underway at Lanc... If PEN manages to produce a full 3 million pounds per annum instead of the previously stated 1.5 million pounds per annum it will have a massive impact on the speed of future growth of the company.
The NPV for 1.5 million pounds was approx $260m USD, this has the potential to nearly double that, giving us a Net Present Value in AUD of approx $350-450m AUD (deliberately very conservative estimate) for lance alone against a current market cap of around $61m.
DT
Ann: Feasibility Process Underway at Lance Projec, page-7
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