PEN 1.03% 9.8¢ peninsula energy limited

peninsula acquires lance projects central proc, page-48

  1. 13,367 Posts.
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    "In addition to acquiring the CPP site the Company has also taken ownership of the Oshoto reservoir and the rights to access the water resource for the well field and CPP operations."


    Mal could not have told you a few days ago what was announced today.

    Thus today PEN has announced they have now acquired the CPP site. "Acquired" - meaning to buy or obtain (an asset or object).

    Builda is right or PEN has used incorrect terminology. However I will as usual satisfy myself of my belief PEN is the "Owner" of the land the CPP site sits on. It is logical for PEN to do so.

    Next stop Permit to Mine.

 
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