Nothing new here as the Chair stepping down was announced in November 2024. Wayne leaving does not surprise me, it was IMO just to give the market some comfort in terms of transition. Wayne stepping down would have been under board pressure and honestly having been CEO and then advisor would have been hard to continue.
The next announcement should I hope bring some confidence and a number of items confirmed, 1. commissioning of the mill, 2. Kendrick permitting update, 3. Contracts negotiation in terms of delivery, perhaps new contracts, 4. Financing arrangements over next 12-24 months. 5. New Well drilling schedule. 6. Planned increases in resource estimates.
Should hear this week IMO
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- (UPDATED) Peninsula's Chair leaves building as investors wait for guidance; shares suspended
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(UPDATED) Peninsula's Chair leaves building as investors wait for guidance; shares suspended, page-4
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