PEN 7.50% 10.8¢ peninsula energy limited

my favourite announcementsfor final quarter 09, page-4

  1. 1,684 Posts.
    Putting the jigsaw together,

    If you have a look at Figure 4 on page 5 in Hartleys Report on Pen and also Figure 1 in Pens 27th Nov Announcement, you will be able to see the direct correlation between the two. And of course how much of a big deal that aquisition really was.

    In Hartleys Report it shows Ross circled and what parts Pen still did not have control over.
    Now in Figure 1 it clearly shows that same area(enlarged)now in Pens control.

    As Gus said "this is a highly strategic acquisition as it completes a key component of our mine planning strategy and it also is expected to contain significant quantities of Uranium; my congratulations to all personnel involved."

    Hartleys Report

    27th Nov Announcement

    NK
 
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