re: uranium shortage Thanks mick, Although Pen mid 2010 the target is 15m lbs not 80. But 80 will eventually come Imo.
But you are absolutely right in my mind, Pen is so undervalued atm just from what they plan to produce a year its not funny. I guess, alot of cash on the sidelines is just waiting for proof(Jorc)
Personally, I'm more focussed on permitting. Because no matter how much uranium you have, if you don't have a permit to mine, than you can't mine it.
Great post though, and thanks for taking the time to differentiate between the two. just makes Pens 100% control over Lance look even more inviting.
NK
re: uranium shortage, page-6
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