Wow.PEN's reputation on the verge of tatters. Carnage is coming.
R&D effort is commendable but to have to change solution chemistry indicates a complete lack of diligence during project implementation. There is a lot of cover-your- arse spin in this announcement but it's clear ( to me at least) PEN cocked this up royally. 'Different geologically setting". Pfft. It's a bit effing late to recognise this now.
The quarterly production volume of 34,500 lbs is shite. All current efforts have failed to improve the situtation. Plus a broken 'promise' of further on spot u3o8 purchases.
No news was indeed bad news.
Plys, winter is on its way.
Ann: Project Transformation Initiative commences at Lance, page-3
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