PEN peninsula energy limited

aoth - wyoming, uranium and other, page-7

  1. 8,839 Posts.
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    http://www.uranerz.com/s/MinePermittingProcess.asp

    "The Air Quality permit is required along with the Permit to Mine to begin construction of the ISR uranium facility.

    The Deep Disposal Well permit is not needed for construction, but is necessary for the commencement of operations for the ISR uranium facility."

    Interesting that their time frame from construction to production:

    "Commenced mine construction in Q3 2011;
    Projected to commence ISR uranium production in H2 2012."

    Noting that construction started 1 August 2011 as per their announcement of the same date.

    A maximum of 11 months.

    Interesting also that as they are funding from within (equity) they haven't (seemingly) done a DFS.
 
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