PEN 4.55% 11.5¢ peninsula energy limited

capex and opex_benefits of isr and lance, page-62

  1. 1,684 Posts.
    Hey guys. Bit to catch up on, but what a great discussion on this thread going on.

    The Bmn and Pnn latest, just re-iterates to me how good a position Pen are really in. It wasn't long ago when all that mattered to Uranium investors was pounds in the ground, and now we are starting to see the full details of the projects, and investors are finally realising that its costs to finance production is what really matters. Where are Bmn going to get the finance for that amount in these market conditions, let alone the payback period to consider.

    Its one thing sitting on a big resource, but its another thing getting it to production. What an advantage Lance has over the conventional mines.




    NK





 
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