PEN 0.00% 11.5¢ peninsula energy limited

Ann: Lance Project Low-pH Field Demonstration and Company Update, page-101

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    • yep, the chemistry is effective.. it’s all in the announcement yesterday.

    people should read the ASX announcement themselves rather than listen to those who are trying to create doubt and fear

    “the current results of the field demonstration suggest that the targeted chemistry is effective in dissolving and recovering uranium form the Lance deposit”


    so why are they continuing with the trials a particular poster asked?

    well first of all, the company has said it’s an 18 month process.. and I believe we started in August 2020 (?) so won’t be completed until 2022

    also they are counting to improve and perfect the process for optimal results.. I thought that was pretty obvious why they’re continuing with the trials..

    each time the company has announced trial results update, eg 13/4/21 , 1/7/21 , and then yesterday’s announcement, there’s been improvement each time

    keep up the good work PEN!
 
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