PEN 1.76% 8.4¢ peninsula energy limited

Research Captital 39 cent Target, page-70

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    The boe mine ?
    The
    Honeymoon Mine was Australia's second operating in-situ recovery uranium mine, beginning production in 2011.[2] It is located in South Australia and is 80 kilometres (50 mi) northwest of Broken Hill, New South Wales.

    Honeymoon is a sandstone-hosted paleochannel deposit.[3] Operations at Honeymoon were suspended in November 2013, following difficulties in reaching production targets, high costs and a falling uranium price. The project was placed in care and maintenance,[4] then sold by Uranium One (a 100% subsidiary of Rosatom State Atomic Energy Corporation) to Boss Resources and Wattle Mining (as of March 2018 a subsidiary of Boss) in September 2015[5] for a sum of A$9 million. Boss Resources anticipates resuming production at the mine in 2019.[6]

    .

    was problematic not reaching targets
    did not run well or profitable !
 
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