Ann: Early Preparatory Works Commence at Lance, page-7

If you read correctly the last Quarterly results Peninsula Energy has a exceptional strong balance sheet that includes cash at hand, reciepts receivable in Q1 for U3O8 sales and U3O8 material pre paid purchases, approximate calculation on the back of my magazine indicates PEN all in assests, liquid plus non liquid combine to $20M US Dollars.

I say that FID (mid year), SP to 50c plus )))

Oh please don't listen to Fish Net Stockings!!!
(poo, poo, bad smelling person, hehe, lol).