PEN peninsula energy limited

Ann: Quarterly Activities Report, page-9

  1. 500 Posts.
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    Well that should ease some of the concerns some had regarding contracted lbs - this allowance has been covered and at far less of a financial liability than I believe was anticipated.
    The ramp-up of wellfield developments, progress on CPP, expected production of yellow-cake by the end of the June quarter and the company fulfilling its obligation with lbs to its client/s - signals to me production is truly forecast.

    Cash in the bank $38m Aus. Better than expected.

    The life of mine, revised prodocution guidance and whatever funding announcements to follow will be interesting. Hoping the contracted volume of ~400klbs/2025 can be satisfied...


 
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