Peninsula has now decided to expand the Initial DFS to cover the full Lance project area(Expanded DFS), including its JORC-compliant resources of 41.4 million pounds and a
proportion of the additional mineralised potential that has been modelled but is unclassified at this time. Peninsula expects that this will maximize the operational capacity and life of the project, and also present a more relevant assessment of the full economic value of the entire
project.
At the same time as completing the Expanded DFS, Peninsula will conduct its owner?s review of the work performed to date, including a rigorous review of the major cost areas and wellfield design optimization. Given that the longest lead time in the Lance development is the permitting process, Peninsula enjoys the scope for this expansion and optimization work without causing delay to the overall project?s timing
.........
ok, is this good or bad?
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