Ann: Research Report - ISR Uranium and Peninsula , page-26

re: Ann: Research Report - ISR Uranium and Pe... So many different things going through my mind with regards to where Pen stand at the present.

Fully permitted - Great factor, of major importance.
Condition of spot u - Scary at best.
Insitu recovery - Heaven sent, one of its strongest points.
Location in Wyoming - Becoming more of a factor each day.
Japan - Frustrating/Importance cant be disputed.
Public Opinion on U - Short sighted/reckless.
Strategic partner - Pen has mentioned this over a number of years which would indicate its been building with one or a number of utilities?
Senior Secured Debt - Good option pending likely hood of contracts.
Contracts - One in place but how likely will another be entered into given the current climate?

Not for the faint of heart.

Just spit balling a few points of interest to me. My opinion is that fundamentally the company has done all it can but as eluded to other posts, its the uncertainty beyond their control thats of concern.

Funny how in brighter days of u price, insitu was sort of as low grade and overlooked somewhat for high grade material. Oh how times have changed. I can honestly say its now whats keeping me locked in.