I like PEN for the following reasons:
1. Large landholding in the uranium friendly state of Wyoming.
2. 912,000 metres of historical drilling.40,000 lb per annum trial plant previously constructed on site. Hence no consultation period applies. Project lapsed in late 1970's largely due to 3 mile incident.
3. Targetting a total resource of btw 56 million to 71 million pounds for memory.
4. ISR so hence lower extraction costs.
5. Initial hydrological tests were good.
6. United States currently imports 92% of its uranium requirements.
7. Initial JORC due out in November this year.Initial resource target is 15 million pounds.
8. Promising leases held in South Africa.
- Forums
- ASX - General
- **few stocks under 5 cents**
I like PEN for the following reasons:1. Large landholding in the...
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online