Research Captital 39 cent Target, page-35

First 35 Last

Share
Profile

Follow
Jaat308

3,132 Posts.

867

07/03/22

07:58

Post #: 60021153
Share

Originally posted by MAGADAN: ↑

The Lance Projects are located on the North-East flank of the Powder River Basin in Wyoming, USA. The original NuBeth Joint Venture between Nuclear Dynamics Inc, Bethlehem Steel Corporation and later Pacific Power and Hydro (NuBeth JV), discovered thirteen substantial zones of uranium mineralization associated with an extensive system of roll fronts confirmed by drilling between 1970 and 1979. As part of this exploration program, the NuBeth JV drilled more than 5,000 exploration and development holes, totaling in excess of 997,375 yards (912,000 meters). A proprietary database of the historic drilling and pilot plant data was acquired by Peninsula in 2007, defining a then relatively unknown uranium district of which Peninsula is now the dominant mineral rights holder.The Company has explored only part of this area since 2007 and has already delineated over 53.7mlbs of U3O8 JORC Code (2012) compliant resource.The Lance Projects have 190 line miles (305 kilometers) of identified roll fronts and an exploration target of 104-163mlbs U3O8, which is in addition to the JORC Code (2012) compliant resource. These roll fronts stretch over 31 miles (50 kilometers) north-south and are open to the north, south and west.

I have posted about this before.
In addition to the existing JORC resource of 53.7 million pounds there is potential for another 104-163 million ponds based on 305 km of contiguous roll fronts.
I think there should be the possibility to merge on favourable terms with another near term producer.

Expand

yes that is always the possibility to merge with another near term IF anything most likely be energy fuels ?

the market should realise there is only half dozen miners on the planet that are on care & maintenance
early starters !! Cameco Paladin Energy fuels. Boss. Lotus Peninsula the rest are years away !!

PEN Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

BOE

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Clarity confidence – and share price – up on bumper $203M institutional placement

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

First 35 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 62.0¢		Change 0.000(0.00%)		Mkt cap ! $99.19M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Research Captital 39 cent Target, page-35

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Clarity confidence – and share price – up on bumper $203M institutional placement

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

Featured News

Featured News

Research Captital 39 cent Target, page-35

Top Stories

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Clarity confidence – and share price – up on bumper $203M institutional placement

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

Featured News

Featured News