yes but those are large projects with long LOM. PEN is a small project so every month of delay and 50klb+ of lower production is magnified and they have pre-committments and if they have to start buying on the spot market to deliver on contracts that's not a good thing.
14th Jan - everything is on track. 2 weeks later, oh sorry it's not.
Partly I think it's about survival now, sorry to say. This has to be the last negative or things could end up badly. If they can start producing without any further hickups and spot starts to move north PEN is very cheap but for any new buyers it's much safer to watch and wait. Next 6 months are critical
BOE did the right thing buying a uranium inventory when prices were low
yes but those are large projects with long LOM. PEN is a small...
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