No it says,.. We’re about to find out anyway with Peninsula forecasting ""first meaningful production"" from its low-cost restart of Lance in the December quarter.
It will take time for the low pH mild acid solution to ramp up to meaningful production,.. the real question is what is meaningful production in mine U1 in which has already been partially mined with Alkaline and FT and will it be enough to fulfil current contracts, and will PEN need to buy Uranium on spot market..????
Pen General Discussion, page-276
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