PEN 5.00% 10.5¢ peninsula energy limited

During the optimisation study the vanadium circuit was removed...

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    During the optimisation study the vanadium circuit was removed from the current design.

    it does improve the economics of the project however at an initial Capex start up cost. By removing the circuit they lower funding requirements. It can be added later, however not known if they will or if they are planning to do so. The price of vanadium would have to be high enough to warrant the capital and operating cost, at present not the case it seems.

    The current focus is solely on uranium.
 
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