It really is a credit to Wayne Heili and his team that they have concluded this process seven months ahead of schedule.
I now look forward to seeing updated and detailed financial modelling to see what projected future profitability looks like.
IF it produces an acceptable rate of return this company will finally have a bright future if the uranium price maintains momentum and we can enter in to further long term contracts at a good protected margin.
Then the significance of having the largest in situ resource in the US (And the additional pounds based on 305km of contiguous roll fronts) should lead to a major market re-rate.
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peninsula energy limited
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