An exert below, from their announcement on 5th Sept.
The Peninsula AdvantageFlagship Lance Project located in a tier-one mining and uranium jurisdiction
Lance is a long-life operation, with excellent resource and life-of-mine growth upside at Barber
Production restart set for late 2024, positive cash flow generated within first year of operations
Once in operation, PEN will be an independent, low-cost uranium producer of dry yellowcake
Talented/Experienced team in place who are capable of efficiently executing the revised plan
Focus on long-term Sustainability
Well-positioned to supply into a growing uranium market, and to play a role in meeting aggressive decarbonization targets
The only ASX-listed uranium company providing US production and direct market exposure
I bought a small parcel this morning on PEN on very strong volume. Higher highs off the low's. The other reason I got in was because all the other yellow cake stocks are outperforming. This company might have a checkered past in some respects, but they're in the USA which seems 'safe' to me. We know yellow-cake demand is on the rise. This company seems well established, production restart for late next year, I think the share price might run a bit from here. Good luck everyone who holds, my commiserations if your buy entry was higher, SP will get back up there imho. Cheers, Chris
An exert below, from their announcement on 5th Sept.The...
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