PEN peninsula energy limited

That's right for all the people concerned about the share price...

  1. 16,681 Posts.
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    That's right for all the people concerned about the share price and the way I look at it.
    with startup Leaching and subsequent uranium production will either work or it won't. If it works Yowsa! if it doesn't ouch. I've had the ouchie before from PEN (and the yowza for BOE).

    We are already preconditioning part of MU1. We know the beds percolate and pumping works from before and subequent tests have allowed us to reconfigure the wellfields to much better if not optimal. We (I) just need the acid added and get the U in solution values to come up to more than 45ppm in a decent time per the leach rate tests. that will happen when the Ph get closer to 2. In some ways it was such a PITA ( pain in the rear) with alkaline leach acid leach may fly. I'm pretty sure from there we'll be able to adsorb the stuff onto the resin beads and strip plus precipitate. Seems like all these guys want to keep their precipitation form stripping secret.

    To me it's a binary result as I'm pretty sure we'll be able to fight through if we get the resin loaded. i.e. I'll be up for the commissioning "teething" problems in that case.

    All IMVHO.
    PS in the meantime let's make gold form the gold price but I'm not sure all want to hear that! I'm told the maket hasn't fully moved on it yet.
 
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