PEN 3.41% 9.1¢ peninsula energy limited

Ann: A$15 Million Equity Raise for Uranium Purchase, page-199

  1. 9,630 Posts.
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    ura-bull,.. I notice your back peddling on the DOE $75m stock pile,... just after my post this morning,... repost both

    PP,.....lOn the 11 of may,.. Katy Huff Principal Deputy Assistant Secretary of DOE posted this to a reply...
    Question,..Will you be focusing on next gen R&D, stockpile mgmt or legacy issues?
    Reply,.... Yes! (though stockpile is more the focus of NNSA and DOD rather than NE)
    I have not seen this been posted on Uranium twitter anytime..Maybe she knows something may not...

    ..........................10 mins later

    ura-bull,... Maybe, in conversations and interviews Wayne seemed pretty confident PEN was in the running though... time will tell. TBH the slow pace of even putting to use the $75m for this year doesn't fill me with hope that the US govt. will get their finger out any time soon so they'll probably get overtaken by Sprott in terms of any meaningful effect on the U price.
 
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