PEN 0.00% 8.7¢ peninsula energy limited

2.8c placement, page-35

  1. 13,364 Posts.
    lightbulb Created with Sketch. 11
    Let me just take up one point you raise being
    "If the resource is proven to be economical..."

    This is already indicated, so I will take your comment as "proven" in operation of which I believe now is a given.

    I might just add, they have also well advanced data in preliminary studies already undertaken and have aquired the design layout drawings for the pilot plant that operated at Lance. All of which will reduce BFS costs.

    This was a logical step to advance the Ross and Barber projects as they announced they were going to. I am extremely pleased we have the opportunity to participate in this. Once again very refreshing management on behalf of PEN.
 
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