PEN 2.33% 8.4¢ peninsula energy limited

3/9 nrc adams update

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    Morning All

    4 Letters of Transmittal (cover sheets/records for the sending of info) uploaded overnight - going back to May.

    Nothing earth shattering to be found; the most recent being prints of the viewshed analysis from Devils Tower being sent from Strata to the Wyoming Bureau of Land Management on 26 August.

    For those interested, the accession number is ML112450083.


    Have a good weekend all, Kryptonite


    PS Thanks binbin and andy20020 for the info re the long term contract price yesterday. Just to recap, after holding steady for a couple of months at $68/lb it dropped 5%+ to $64.50/lb as of 31 August.

    From what I've read, some of this price weakness is due to a lack of activity due to the summer vacation period in the US (on top of the macro factors that we're all well aware of). So let's hope with the US Fall beginning, the movers and shakers get back to their desks and do some deals.

    I also came across this statement in a 2 week old article which I found curious. "...Long-term contract price has dropped somewhat to about $68 as of August 8 but there could be pressure there as well as buyers are like short-term markets for purchasing activity with the current price differential."

    Here's the link: http://seekingalpha.com/article/287529-uranium-resources-ceo-discusses-q2-2011-results-earnings-conference-call

 
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