PEN 3.37% 8.6¢ peninsula energy limited

possibilities before month end, page-8

  1. 1,868 Posts.
    On Page 22 of the Indaba presentation it says 20% to spot sales, however the most interesting thing to me is the 50% to strategic partner. I have alluded to this before and I think it is important. Go for it Dhuy!!!!!

    Lance Projects –
    Strategic Partner & Uranium Sales
    • First sale contract USA utility: Feb 2011
    WAP $75.60 per lb, 7 year contract – first delivery 2013 & 5.5%
    planned production
    • Boswell Capital: May 2011
    Specialist uranium advisory group, ongoing role evaluating juniors for
    utilities and completed DD on PEN
    • Negotiations advancing with utilities and trading houses
    50% to Strategic partner with investment in PEN
    30% with 3-4 utilities
    20% to spot sales
 
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8.6¢
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8.8¢ 8.8¢ 8.4¢ $915.6K 10.72M

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8.6¢ 1009121 3
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