PEN peninsula energy limited

Ann: Presentation - DFS Completed for Lance, page-97

  1. 16,711 Posts.
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    No, he didn't say anything on that and I didn't think to ask him/ he talked a bit out about the U barrels we have and how the existing contracts make the difference between the $62.5 USD price in the total returns and the $65 used in the DFS.

    Pushed the line, that he personally would use USD$75U nominal due to inflation, compared to the $65 Real in the DFS. Still, that is the sizzle around the steak. Similarly, the huge amount of U in the Barber leases only currently called inferred at this point. That was on the point of the DFS NPV versus market cap.

    Having a mining background I know once a plant is running it's a lot easier for material to make resources and reserve because of marginal costs versu pricing.

    The line was all systems go to get the thing up and running. I guess that's the same for BOE. My other horse in this race.

    ALL IMVHO.
 
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