Peninsula Energy Ltd (ASX:PEN) delivered positive operating cash flow and a 13% increase in uranium recovered in the September 2017 quarter, compared to the previous period, from the flagship Lance Projects in the U.S. state of Wyoming.
The quarterly production increase was due to header house 7 which operated for the full quarter and header house 8 which came online.
Quarterly sales generated cash proceeds of US$6.6 million, which was in line with forecasts, and the company holds US$11.8 million in cash.
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