I didn't want to keep discussing but you invited me but not in respectful way but an attack in way..
Yes im a non-holder and do have a negative view its why i started selling before the chit hit the fan,
This forum is about discussing different points of view your posts reek of only wanting positive post. so before you go on about a disgruntled ex holder i will remind you that current holders would have more to be disgruntled at current SP.
PEN market value come down to AISC to what it sells its produce nothing to do with other companies MC..
And you comment of AGE stacking resin,.. What the hell is that John its not relevant because its unlikely to find itself in this situation sorry to say this but that just dribble... But hey if AGE find itself in this situation, we can discuss it then.
UEC has been processing PEN resin for a number of years where do you think PEN been sending its FT recovered resin and has been paying UEC for the services.
My first post on the topic was why the resin can't be stored, Is there a technical reason. do you have the technical know-how John. i was asking you telling,.. And where did resin market come from you are suggesting that not me..
My resin point was to getting to MU1 and 2 and yes i have i need to repost it so i can discuss it and the FID that was based on mines those two units mines.
With hindsight i do wonder if the FID was about mining those MU 1 and 2 as the only FT that had reasonable recovery was the short circuit trials which i doubt would of justify the economic of mining it.
So what other reason for the FID,. First to call producer and pump the MC as it was lagging its producers' peers MC that were on standby by a long way,.. PEN never got the rerating most were hoping for after FID.???.. For me the FID and the resin cancelation sound more like one big fat cook up.
Cheers Johnny.. love you too
Ann: Lance Production to Restart in 2024 under Revised LOM Plan, page-162
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