HIGHLIGHTS
LANCE PROJECT – MU1A FIELD DEMONSTRATION
• Field operations continue to run consistently with improvements across all key focus areas
o Oxygen Reduction Potential level approximately 400 mv supporting higher uranium
production grades
o Recovery composite stream uranium grade at approximately 40 ppm
o Rate of acid addition reduced to a rate sufficient to maintain current pH levels
o Performance of ion exchange uranium recovery processes improved with the
upward trending uranium concentration, achieving loading results that are
consistent with typical levels for low pH lixiviant applications
• Continued evaluation of several alternative uranium capture/recovery process options
which may improve upon standard ion exchange performance
CORPORATE
• Completion of A$13.4 million Placement at 15c, well-supported by new and existing
international and domestic institutions
• Funds raised from Placement used to purchase 300,000 pounds of uranium at a price of
US$31.35 per pound
o Strategic purchase of uranium assists Peninsula as it transitions the Lance Project
to a low pH ISR operation
• Completion of A$2 million Share Purchase Plan (SPP) at 15c, after receiving over A$7.6
million in applications
• Sale of 200,000 pounds of U3O8 at a realised cash price of US$49.57 per pound U3O8
generating a net cash margin of US$3.5 million realised in July 2021
• Available cash of US$6.7 million at 30 June 2021 plus 309,507 pounds of uranium in
converter accounts valued at US$9.9 million
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
HIGHLIGHTSLANCE PROJECT – MU1A FIELD DEMONSTRATION• Field...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $283.6M |
Open | High | Low | Value | Volume |
9.1¢ | 9.2¢ | 8.7¢ | $1.914M | 21.58M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3086184 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 52516 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3086184 | 0.088 |
3 | 171500 | 0.087 |
4 | 436719 | 0.086 |
13 | 1053888 | 0.085 |
2 | 105000 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 52516 | 4 |
0.090 | 115128 | 7 |
0.091 | 5896 | 3 |
0.092 | 62258 | 1 |
0.093 | 84261 | 4 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |