PEN 11.1% 9.0¢ peninsula energy limited

Hi Glenmore... I was wondering that today... they have to do the...

  1. 810 Posts.
    Hi Glenmore...

    I was wondering that today... they have to do the baseline and EIA studies etc for the permitting process, then all their design, water management work etc. They hired the guys to start to take it all forwards last month and so the studies are underway or in planning. From what I see on the timeframe they intend the process to run through this year and next.

    They are talking about scoping feasibility later this year.

    Read somewhere that once everything is submitted they allow 180 days for approvals.

    Assume in this case we're looking at 18 months min? But others will better, on a big deadline and had my head full of other things when I was reading today.

    All good though me thinks... and all in all, each of these are key milestones which should generate confidence in this being a goer, assuming all goes to plan.

    My thoughts, go for it lads! :) DL
 
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