PEN 4.59% 10.3¢ peninsula energy limited

ann out, page-2

  1. 1,415 Posts.
    COMPANY PRESENTATION INCLUDING INFORMATION REGARDING
    COMMENCEMENT OF THE MINE PLANNING STAGE
    Please find attached a copy of the presentation that will be made by
    Peninsula Minerals Limiteds Executive Chairman Gus Simpson to a series of
    European institutional investors over the next week.
    The presentation contains information not previously released, specifically the
    commencement of mine planning at the Lance Projects comprising Grade-
    Thickness (GT) contour modelling and detailed geological interpretation.

    I think that says it all.

    but nice to see:

    !! May 2010: pre-feasibility study completed !!
    Dec 2010: 15mlbs+ JORC compliant indicated
    resource
    Dec 2010: submit final licence application
    Jan 2011: full feasibility study completed
    Feb 2011: decision to mine
    Mar 2012: yellowcake production commences at the
    Ross Project
 
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