Further to my post on why the German issue is a furphy as far as PEN is concerned, I came across a recent interview with Ray Harris (a leading Wyoming geologist) which included these paragraphs:
"Wyoming?s Geology Potential for U.S. Utilities
It is known that Wyoming has multiple roll-front uranium deposits in its sandstones. A pro-mining state, prolific numbers of roll-front uranium deposits, and a rising spot uranium price in a uranium bull market all combine to make Wyoming the U.S. center for in situ leach mining (ISL), also known as solution mining.
These ISL mines "offer the steady, cash-producing uranium extraction that help develop budding companies. That?s what U.S. utilities, and utilities from other countries, are eagerly seeking right now. WYOMING URANIUM COULD FUEL MANY OF THE US NUCLEAR REACTORS AS MORE COMPANIES COMMENCE ISL URANIUM OPERATIONS". (capitals are my emphasis).
And which company is one of the frontrunners in getting these operations under way? You guessed it!!!
Article dated 28 April 2011 and at:
http://geology.goldwavetable.com/uranium-deposits-in-wyoming/638
catch 22, page-32
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $489.0K | 4.692M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 111 | 12879379 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2235299 | 23 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |