Ann: Company Presentation - Shaw & Partners Uranium Conference, page-2

Sales contracts in place for up to 5.25 Mlbs U3O8 extending through 2033• With major utilities in both the United States and Europe• Pricing structures are a mixture of base escalated (projected to be ~US$60/lb U3O8) and marketbased (with floors down to US$45/lb and ceilings up to US$80/lb U3O8)• CY2023 sales of 700,000 lbs U3O8• Strong 1Q 2023 with sales of 500,000 lbs including 300,000 lbs to USDOE""

"Capital Requirements• The Capital expenditures are closelytracking the DFS estimate of USD8.4M"
"Includes inventory of 300,000 lbs. committed to the US-DOE sale in Q1 CY2023• Now delivered with payment received"
and

"On-track for 2Q CY2023 operations"

The best part is discipline- PEN has not dumped to the Spot market!!!

The share price is so cheap- Shhh for holders. Rocket due when the Sleepy crew wake up and wonder what they missed in the coming shortly take off


Have a great day all