Peninsula Energy back on track?, page-190

PEN has a great resource and can expanded.
Full mining permits.
Plant (almost complete).
Wells in place
Contracts.
In the best state and country for Uranium mining.
It would take 15 plus years for any company to get to this stage.
And at a cost of $billion plus.
The problem with PEN has been poor management.

A good Low pH management team should/would love the challenge of problem-solving PEN production recovery
Brings me to BOE a great management team lead by Duncan Craib who know Low pH mining and has problem-solved its own problems at honeymoon.
A T/O of PEN could fill current PEN contracts from BOE production Yes at the lower end of sales, fund the project and pick up PEN for a song at current MC plus a premium.
Talk is BOE are looking at acquiring new projects PEN would be a great ready built, permit with contract fit and could turn this project into $billion plus project.