PEN 4.76% 10.0¢ peninsula energy limited

http://www.*.com.au/companies/news/66431/peninsu...

  1. jzm
    732 Posts.
    http://www.*.com.au/companies/news/...nium-delivery-in-industry-landmark-66431.html

    We are definitely in the money even in the current U environment.

    "Peninsula has 1.9 million pounds of U3O8 contracted to utilities at a weighted average price approaching US$60 per pound, which is well above the current spot price (US$34.50 per pound).

    This is estimated to represent about 40% of Lance’s stage-1 production per annum."
 
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