Dundee's David Talbot Says Green Energy Trend Is Your Friend

http://www.theenergyreport.com/pub/na/dundees-david-talbot-says-green-energy-trend-is-your-friend

It mentions PEN as a newcomer for ISR mining with a target price AU$1.80
"TER: What are some market echoes of lower uranium prices?

DT: Lower prices have meant a push toward lower-cost production, namely in-situ recovery (ISR) mining. ISR mining in the U.S. can easily ramp up at operations already owned by Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.MKT; EFRFF:OTCQX; Buy-rated, CA$8.35 target price), Ur-Energy Inc. (URG:NYSE.MKT; URE:TSX; Buy-rated, CA$1.75 target price), Uranium Energy Corp. (UEC:NYSE.MKT; Buy-rated, US$4 target price) and newcomer Peninsula Energy Limited (PEN:ASX; Buy-rated, AU$1.80 target price). Energy Fuels' conventional mines in the southwestern U.S., which were placed on care and maintenance as uranium prices fell down below $60/lb U3O8, could likely see operations resume when prices climb above that level again."

"Peninsula Energy is checking off four huge milestones expected by year-end, with the recent Nuclear Regulatory Commission license approval to begin operations at its Lance project in Wyoming. Getting this approval within one month of a site inspection is impressive. As an emerging producer, we expect Peninsula to get a rerating, which might already be underway as it has the largest market cap of any of the U.S. uranium producers. Upcoming near-term milestones include production by year-end, another offtake agreement, which should allow phase 2 expansion, and a U.S. listing."