Ann: Lance Production to Restart in 2024 under Revised LOM Plan, page-159

John,.. This will be my last post on the topic.

Im not here to discuss other juniors on what may or not happen this discussion about PEN.

Not only did UEC add new projects but also stated they were going to start their own production so PEN should of done risk management on that alone.

Where did you get "store several years worth of resin" from,... the timeline for the resin backend is 12 to 18 months.

MU1 and 2 were ready and the contracts with UEC had 9 months to run, a good amount of those Units could of been sent for processing and a smaller amount could of been stored, as overall there was never going to be large amounts coming from those depleted mine Units anyway.

Its nothing like petrol in a car, where did that come from,.. Resin if it could be stored would more like Uranium inventory unprocessed.

Still dont know why MU 1 and 2 couldn't continue after the FID was made and Wayne saying PEN had other offers to process the resin.

Cheers John