2016 Must read for Penners, page-2

Thanks for the post Mudguts!

I liked the snippet:

Our central processing plant has been licensed by the United States Nuclear Regulatory Commission to produce up to 3.0 million pounds of U₃O₈ per annum. We have strategically kept capacity available within Stage 3 of our central processing plant. We intend to market this surplus capacity to other uranium mineral holders in the Powder River Basin with an expectation that we will be able to secure an ownership interest in new uranium mineral properties, thereby increasing our overall mineral holdings. If we are unable to do this, we may perform processing activities for other holders of uranium mineral properties in our central processing plant for profit under toll milling service agreements.

With OC's now behind us and the disappointment with missed timelines, we now have a new year ahead of us. Let's move on from here. I'm looking forward to a big year for PEN, and feel confident that the company is in good hands, believing Gus and team are setting this up to make PEN a big player in the uranium industry.