Ann: Lance Production to Restart in 2024 under Revised LOM Plan, page-142

John,.. The biggest risk with PEN is chemistry(Low pH) we dont know how it will perform at production scale think the FT have not been conclusive.
Market worried about CR dilution if PEN want to move this project along(resin back end and wells) CR cant be far off.
Also with the large trading turnover is there a M&A on the cards.

If PEN can overcome those hurdles Yes it will be a good investment, much better than LOT I posted Keith interview with Crux sounded like so many Red flags for my liking, Think DYL will be in production in fresh ground before LOT in ground that lower cost and easier U has been already mined by PDN.. ...Thats my opinion we all have different risk tolerance.