PEN has its contracts obligations covered for 2022 with those...

PEN has its contracts obligations covered for 2022 with those fund going mostly into final investment decision.

Its 2023 when production needs to be from origin material(Lance) 4.1 million pounds of firmly committed sales and up to 1.35 million pounds of sales optional at the election of the customers at $51 to $53 pound, Very low contracts volumes out to 2030.

Dont see that being economical going by FT results but proof will be in production rates , short circuit pattern will be quicker and higher recovery but also add to costs with more wells needed and acid

Most companies with better economics are waiting for $60 to $70 contracts