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Peninsula Energy Ltd

Peninsula Energy reviews highlights of the June quarter

Peninsula Energy Ltd (ASX:PEN) managing director and CEO Wayne Heili outlines the achievements made by the uranium producer during the quarter. 

The producing Lance Projects in Wyoming is the first US uranium ISR project authorised to use an industry-leading method, which will incorporate a low pH process, and this follows the permit to mine approval in March 2019. 

Regulatory and technical achievements such as completing the low pH phase one and two demonstrations will be made in the second half of 2019. 

The company is continuing with its low pH resin optimisation test work and studies.

Quick facts: Peninsula Energy Ltd

Price: $0.18

Market: ASX
Market Cap: $43.69 m
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Gus Simpson, managing director of US-focused uranium miner Peninsula Energy Ltd (ASX:PEN), brings Proactive Investors up to date on the company’s progress in the USA, where the company recently started production. The company is still in the ramp-up period, but the important thing is it has...

on 29/11/16

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